Maryellen Gordon is still fumbling. When the Manhattan freelance writer opened a checking account at Manufacturers Hanover bank six years ago, she could keep as small a balance as she liked for a fee of just $5 a month, and there was no charge for using the automated teller machines. Then Manufacturers Hanover merged with Chemical Bank in 1992, after which Gordon had to keep at least $3,000 in the bank to avoid being charged each time she used the ATM system. Enough was enough. Earlier this year she took her money to a credit union where, for $2.50 a month,...
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