Can a CPA make $200,000 a year?
Yes, a credit union or bank can close your account without your prior permission or notification. This is most common if the institution determines that you have violated their account agreement, such as by writing bad checks, frequently maintaining an insufficient balance to cover fees, or engaging in suspicious activity. While specific policies can vary, financial institutions generally reserve the right to terminate the account relationship at their discretion to protect themselves from financial risk.
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