My Non-Interest bearing account at Chase
Greetings,Today I talked to my person at Chase bank here in Ashland, OR about my checking account I've had with them for a few months. I wanted to make sure it was covered under the Dodd-Frank Act and she said all of their checking accounts are fully insured for any amount you have.
If you want a interest bearing account you have to request it when you are opening up a new checking account, otherwise you get the non-interest one. She confirmed with I've been reading about the Dodd-Frank Act giving unlimited coverage on all non-interest bearing checking accounts thru 2012. There you have it,
I feel very good knowing I don't have to scramble around once it RV's to set up a special checking account. RV now!