Project News
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- Press Release
- Safe Checking in the Electronic Age
Citibank Adopts Pew’s Summary of Checking Account Terms & Fees
Citibank is the third major bank to announce it will voluntarily adopt Pew’s simple overview for checking accounts.
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- Press Release
- Safe Checking in the Electronic Age
Pew's Comments: Impact of Overdraft Programs
Letter to Monica Jackson, Office of the Executive Secretary at the Consumer Financial Protection Bureau, from Susan K. Weinstock, Project Director of Pew Center on the States' Safe Checking in the Electronic Age Project, regarding the Impact of Overdraft Programs.
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- Press Release
- Safe Checking in the Electronic Age
Pew Finds Consumers Subject to Unclear Policies, Leading to Unnecessary Costs When Navigating Checking Accounts
The Pew Safe Checking in the Electronic Age Project released Still Risky: An Update on the Safety and Transparency of Checking Accounts today, a report that examines the many financial risks consumers face when they open a checking account. more
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- Press Release
- Safe Checking in the Electronic Age
TD Bank Adopts Pew's Simple Disclosure Document
Pew commends TD Bank, Illinois’ Inland Bank, University of Illinois Employees Credit Union, and Tennessee’s Eastman Credit Union for voluntarily adopting Pew’s model checking account disclosure form. more
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- Press Release
- Safe Checking in the Electronic Age
Chase, North Carolina State Employees' Credit Union, and Pentagon Federal Credit Union Adopt Pew's Simple Account Terms Disclosure Form
The Safe Checking in the Electronic Age Project applauds Chase, North Carolina State Employees’ Credit Union, and Pentagon Federal Credit Union for voluntarily adopting Pew’s model checking account disclosure form. more
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- Press Release
- Safe Checking in the Electronic Age
Checking Account Customers Support Stronger Banking Regulations, Pew-Commissioned Poll Finds
Nearly three-fourths of Americans with checking accounts support regulations that would require banks to better disclose the terms, conditions and fees associated with their checking services, according to a new poll commissioned by the Safe Checking in the Electronic Age Project. more
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- Press Release
- Safe Checking in the Electronic Age
Pew Finds Checking Accounts Contain Risky Terms and Conditions
One hundred eleven pages. That is the median length of the checking account disclosures consumers are supposed to read and understand before opening an account at any of the 10 largest banks, according to documents analyzed in a new report from the Pew Health Group’s Safe Checking in the Electronic Age Project. Failure to provide clear and comprehensive disclosure can expose accountholders to hidden and potentially dangerous risks. more
