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HB 5216 - Authorizes Banking Institutions to Make Low-Cost Bank Accounts Available - Connecticut Key Vote

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Title: Authorizes Banking Institutions to Make Low-Cost Bank Accounts Available

Signed by Governor Ned Lamont


Title: Authorizes Banking Institutions to Make Low-Cost Bank Accounts Available

See How Your Politicians Voted

Title: Authorizes Banking Institutions to Make Low-Cost Bank Accounts Available

Vote Smart's Synopsis:

Vote to pass a bill that authorizes banking institutions to make low-cost bank accounts available.

Highlights:

  • Requires each banking institution to “make available to consumers residing in the state a basic banking account” (Page 2).

  • Prohibits such accounts from including fees such as overdrafts, nonsufficient funds, etc (Page 2).

  • Requires banking institutions to post “conspicuous” notice of availability of such accounts (Page 2).


Full Bill Text

Title: Authorizes Banking Institutions to Make Low-Cost Bank Accounts Available

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