In 2009, about 75% of both large banks and credit unions offered free checking. About the same percentage of credit unions are still offering free checking in 2014, while the percentage of large banks has been cut by 50%.
Good opportunity to discuss the difference between credit unions and banks with your students and why this discrepancy exists.
Here is a link to a video in our Checking lesson that describes the differences.
Check out our lesson on Selecting A Checking Account