This is the Bank of America way of doing business......give the customer a checking account along with a debit card.......if a customer has a $200 balance and makes a $150 debit POS purchase at 1pm they have a $50 balance left..$20 purchase at 3pm leaves $30 balance $15 purchase at 3:20pm leaves $15 balance. Bank closes at 4pm. $15.07 purchase at 4:15 pm overdraws the account by a whopping .07cents. Transactions updated electronically at 9pm. Transactions update in order of amount by processing the largest one first so instead of having ONE $35 overdraft fee your balance is shown to be - .07cents so now you get charged $35 for each of your six transactions for a whopping total of $210 dollars because you overdrew your account by .07 cents on you last transaction of the day even though the time of these transaction was transmitted to the bank when you made them. the Bank will tell you that there is nothing they can do to prevent this and that you must pay the overdraft fees....Recently a class action lawsuit was brought against BOA for this procedure and rather than admitting doing anything wrong and letting it go to trial BOA paid out 440 MILLION to settle without admitting any wrongdoing (just a MISTAKE on their part) The bad news is they still process transactions in the same manner....I know. I look at my bank statements every day on-line and while I do NOT overdraw my account, the transactions are still processed in order from largest first to smallest with no regard to the time they were made (at the Point Of Sale = POS) ........MOST FRAUDULENT BANK IN US HISTORY. Other large banks follow this protocal also...check your account on-line to see if yours does .....you might be surprised!!!!

If Wal-Mart can do better than this let them Have At It!!!!!!  Every time they open a new store they do so with it being paid for in full, up front, and completely debt free.......don't think they are  going to run out of money.......if it starts to go south they will bail long before they ask the Gov't for a dime to help them...I've always thought WM shopuld have their own Banking Charter but if this happens Jim Walton would have to find new owners for Arvest Bank as his interest in them might cause a conflict of interest unless they chose to merge the two (talk about a bank that would be "too big to fail")   I Love the way Arvest does business ....I have had a free checking account there for over three years and have never been charged one penny in maintenance fees (and I don't keep much money in it either).....I have never walked into any of their numerous branches in Northwest Arkansas where I also live and not had at least one person (and usually more than one) welcome me when I walk in and then tell me to have a nice day when I leave) and they almost always have a teller at each window in the lobby and the drive in......quick and efficient and they all speak English (and Spanish when necessary)

Fortunately I have closed four out of five accounts that I once had at BOA simply because I never waited less than 15 minutes to even see a teller if I went to the lobby for a transaction....min. of 30 mins to see a mgr for any other business and once sat down at a mgrs desk only to see a three sided sign on his desk that was in Spanish....only problem was that there was NO ENGLISH Translation on it.  When I asked him what it said his reply was "I have no idea ....I don't speak Spanish"  ......no joking ....and this was in a city just south of Bentonville Arkansas (Not in Mexico)............G​O WITH WAL-MART if they choose to take on a Banking Venture.....NO WAY could they do worse that Crank of  America....no pun intended there.