HARRISBURG, Pa. – State Secretary of Banking Bill Schenck announced that 84% of the check cashers in Pennsylvania that cash government checks and 87% of grocery store registrants have agreed to charge a maximum of 2.5% to cash government checks. According to Schenck's office, while many check cashers in the state have not charged more than 2.5% to cash any check, other check cashers made the pledge to limit the fees on government checks. "We believe it's extremely important for consumers who use check cashers to make informed choices so that they can save more of their hard earned money," said Schenck. "This is especially important during tax season when so many working families qualify for the federal Earned Income Tax Credit and receive substantial tax-refund checks."
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
