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Q: What is the average checking account balance in the US?
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Is it a US checking account or an US checking account?

A US checking Account


What will be the initial deposit to open a Bank of America account?

I think it is US $ 500 for a simple checking account. The bank would give you an ATM card and a check book for this account. However if you arrange to have a Direct Deposit (Your Monthly Salary/paycheck) into this account Bank of America waives this minimum balance requirement and you can have it as a Zero-Balance checking account.


Calculate the current balance on your checking account if the previous balance was 129.32. You wrote checks for 59.73 and 32.95 and later made a deposit of 754.23.?

A balance of $790.87, assuming you've told us everything.


Calculate the current balance on your checking account if the previous balance was 129.32. You wrote checks for 59.73 and 32.95 and later made a deposit of 754.23?

A balance of $790.87, assuming you've told us everything.


Does The US Treasury keeps a checking account with the Federal Reserve?

Yes the US treasury keeps a checking account with the Federal Reserve


How do you make Checking?

You write a check on your checking account and send it via US mail.


Why do banks require a minimum checking account balance?

The bank expects or rather needs you to maintain a certain minimum balance for them to be at a situation where it not a loss for them to maintain an account for you. Maintaining a bank account for a customer requires certain resources and the bank provides us in return for our commitment that we shall maintain the minimum balance requirements. If we fail to do so, it becomes unfeasible for the bank to provide the facility and hence they charge us a penalty when you go below the minimum balance requirement or '0' for worse case scenarios.


How much money do you need to start a checkings account?

== == Most of the major banks require a minimum balance to keep open. While some smaller banks and credit unions let this rule slide to keep customers, Financial collapse of September 2008 has forced most banks to moving back to a minimum balance rule. The amount of the minimum balance often varies depending on the bank and the type of account. Savings accounts? Many savings accounts do require minimum balances. Typically as long as you keep the minimum balance in your account, they will not charge you a fee. Many banks offer accounts with no minimum balance or a very low minimum balance.


Do I need a SSN to get a checking account in the US?

Yes, you do need a SSN to get a checking account in the United States. You must provide an ID and also your SSN.


What happened in the Gulf war 1991 that made the US current account balance recover?

"Current account balance recover", is this a financial question?


What is the average IRA balance in the US?

27K


When could women legally get a checking account on their own without a cosigner in the US?

women could legally get a checking account on their own without a cosigner in the U.S. in present day today.