This service is largely thanks to politicians banning opt-out overdraft fees on debit and ACH credit cards in 2010. But thanks to that change, you can get basi

This service is largely thanks to politicians banning opt-out overdraft fees on debit and ACH credit cards in 2010. But thanks to that change, you can get basically the same service from a credit union for a one-time $5 membership fee. If you're over the $500/month deposit bar, you should definitely be using a credit union. The whole idea of not offering checks except as the bank can issue them is a really good one though. I hope to see credit unions emulating that bit. (Just, not the $9/month fee, which is better than overdraft fees since it's predictable, but it's still exploitative since we're talking about people who are fundamentally bad at predicting their finances.)