Every bank did that. To this day banks play games with this stuff. My current credit union tricks people into opening checking and savings accounts.
Wells Fargo had conservative leadership and probably didn’t pay off the DNC. That is why they got the hammer.
EVERY Credit Union I have ever known about demands that you hold a ‘savings account’ in addition to your checking account.
they might only demand $25 be deposited in that savings account, but most credit unions also do NOT charge all the fees that normal banks charge.
MANY years ago, I worked for CUNA...Credit Union National Association in Madison, Wis. I belonged to a credit union at one of the major Hollywood studios. Never had a bit of problem with any of my connections with Credit Unions.
Credit union here in Florida, tricked members in the past years. They stopped mailing overcharge notices in the U.S. mail. Supposed they told us in a newsletter. Now they can charge at will and you don’t find out until the statement comes. Yes, if you are swift you can turn on, a defaulted off, option on the web interface to email you in the same event. But lots of old people have no desire to use the internet to bank. Screw them.