More good news for bank consumers: since the January 2011 Bank Fee Survey, average minimum balance requirements to avoid fees are lower, and average monthly checking accountmaintenancefees (for those who pay them) are also slightly lower.
Morgan Chase and Wells introduced new account structures in 2010 and 2011 that imposed monthly maintenancefees unless customers maintained certain minimum balances or hit preset monthly deposit levels.
If you chose a development that has homeowner's association and maintenancefees, be sure to take these into account when you do your financial calculations.