A whole new world of banking1 of 8If you've grown accustomed to free checking, debit rewards and other perks from your bank, you will have to learn to do without them in 2011 and beyond.A bruised economy combined with federal legislation overhauling the financial industry could bring big changes for consumer bank accounts this year. Banks will be looking for new ways to recoup revenues now that new laws have restricted bank fees, experts say.Meanwhile, the expectation of fewer bank failures and an uptick in mobile banking could breathe some life into the financial sector.Here are the predictions of industry experts for banking and deposit account activity in 2011. Related Articles:Avoid bank feesCommunity vs. big banksBanking by smartphone OK?Checking account tipsRelated Links:Free checking? Not likelyFees, fees and more feesMobile banking for you?Debit card rewards survey advertisement
If you've grown accustomed to free checking, debit rewards and other perks from your bank, you will have to learn to do without them in 2011 and beyond.
A bruised economy combined with federal legislation overhauling the financial industry could bring big changes for consumer bank accounts this year. Banks will be looking for new ways to recoup revenues now that new laws have restricted bank fees, experts say.
Meanwhile, the expectation of fewer bank failures and an uptick in mobile banking could breathe some life into the financial sector.
Here are the predictions of industry experts for banking and deposit account activity in 2011.
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