They do that here in WA and I’m gone.
one time and im gone!!!!!
Chase is doing the same exact thing here in WA effective Feb. 1'st.
However... an account is exempt if there's a qualifying direct deposit of $500 or more each month, or the above-mentioned balances.
The cause of this is the new Federal regulation forbidding banks from charging for more than 3 overdrafts per day. The banks need to find a way to cover the costs incurred by people who bounce loads of checks all the time.