Letters: Jun. 29, 1981

Savings Havens

To the Editors:

The day your issue [June 8] arrived, I received a notice from my bank saying my savings account will carry a service charge of $3 if the balance is less than $200 every quarter.

Your article is right. It doesn't pay to save.

David A. Mitchell

Oakland, Calif.

After reading your issue concerning savings, I decided to open an account at a bank near my home. I was surprised to learn that $15 was not enough. Instead of $15, I needed a minimum of $100! What's a child of eleven to do?

Julie Anne Hawkins

Lake Mary, Fla.

We have NOW accounts,...

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