Checks and Balances: 2014 Update Fact Sheets

Checks and Balances: 2014 Update studied 44 of the nation’s 50 largest banks, as determined by volume of deposits (six did not provide account information to Pew), and documented their use of best and good practices in the areas of disclosure, overdraft, and dispute resolution. The following information reflects data from banks in 49 of the 50 states, excluding Hawaii where no data were available, and those that are online-only. Data were collected in October 2013.

Alabama Kentucky North Dakota
Alaska Louisiana Ohio
Arizona Maine Oklahoma
Arkansas Maryland Oregon
California Massachusetts Pennsylvania
Colorado Michigan Rhode Island
Connecticut Minnesota South Carolina
Delaware Mississippi  South Dakota
District of Columbia Missouri Tennessee
Florida Montana Texas 
Georgia Nebraska Utah
Hawaii* Nevada Vermont
Idaho New Hampshire Virginia
Illinois  New Jersey Washington
Indiana New Mexico West Virginia
Iowa New York Wisconsin
Kansas North Carolina Wyoming

Additional data: Online-only bank practices.

*None of the 50 banks studied by Pew operates in Hawaii.

Spotlight on Mental Health

Checks Balances

Checks and Balances: 2014 Update

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This report is the fourth in a series by The Pew Charitable Trusts examining key checking account terms and conditions. The good news for bank customers in 2014 is that disclosure policies have improved, especially those related to key terms, and there are greater overdraft protections at the ATM. Yet the bad news is that more banks are charging extended overdraft fees and limiting options for dispute resolution.

Checks and Balances
Checks and Balances
Data Visualization

Bank Overdraft Policies Matter

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Data Visualization

This interactive tool follows three typical people—Mike, Sarah, and Jen—as they go about their day. They are all responsible with money, but their budgets are a little tight. We will explore how, depending on where they bank, their experiences with overdraft fees can differ dramatically, and why it pays to know your institution's policies and practices. Click on a character to start.

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Learn the Basics of Broadband from Our Limited Series

Sign up for our four-week email course on Broadband Basics

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How does broadband internet reach our homes, phones, and tablets? What kind of infrastructure connects us all together? What are the major barriers to broadband access for American communities?

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What Is Antibiotic Resistance—and How Can We Fight It?

Sign up for our four-week email series The Race Against Resistance.

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Antibiotic-resistant bacteria, also known as “superbugs,” are a major threat to modern medicine. But how does resistance work, and what can we do to slow the spread? Read personal stories, expert accounts, and more for the answers to those questions in our four-week email series: Slowing Superbugs.

Explore Pew’s new and improved
Fiscal 50 interactive

Your state's stats are more accessible than ever with our new and improved Fiscal 50 interactive:

  • Maps, trends, and customizable charts
  • 50-state rankings
  • Analysis of what it all means
  • Shareable graphics and downloadable data
  • Proven fiscal policy strategies


Welcome to the new Fiscal 50

Key changes include:

  • State pages that help you keep track of trends in your home state and provide national and regional context.
  • Interactive indicator pages with highly customizable and shareable data visualizations.
  • A Budget Threads feature that offers Pew’s read on the latest state fiscal news.

Learn more about the new and improved Fiscal 50.