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‘Free’ business checking grows, survey finds

More than 90 percent of the nation’s biggest banks are offering free checking for businesses, up from 64 percent in 2009, according to a new¬† survey of 2,300 banks by Moebs Services.

“The Wall Street banks want small-business checking, and it shows in the substantial increase in offerings from 2009,” said Mike Moebs, economist and chief executive of the Lake Bluff-based¬† financial services data firm.
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