Yes, getting a new checking account can be annoying — but so can keeping one. Banks charge an average overdraft fee of $27.08 for their checking accounts, according to data from our partner Bankrate.

Checking accounts are covered by federal insurance, either through the Federal Deposit Insurance Corp. for banks or through the National Credit Union Administration for credit unions. Federal ...

A free checking account sounds like a no-brainer, offering easy access to your money with no annual fees. But “free” sometimes comes with strings attached. Some checking accounts waive fees only if ...