Motley Fool financial analysts David Hanson and Mark Koppenheffer give their opinions regarding the future of free checking for large banks.

In this video, David shares recent comments from U.S. Bancorp and PNC Financial (NYSE:PNC) executives regarding traditional deposits in a low interest rate environment.

Since 2008, numerous changes in bank regulations have resulted in lost revenue streams for all banks. Matt highlights Bank of America (NYSE:BAC) as an example of an institution that has imposed additional requirements for depositors to maintain free accounts.

Finally, both analysts discuss technologies such as Internet and mobile banking as part of the solution for banks to balance the needs of both customers and shareholders.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Bank of America and PNC Financial Services. The Motley Fool owns shares of Bank of America and PNC Financial Services. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.