NEW YORK — Citigroup Inc. has agreed to put off its plans to begin charging a monthly fee to some of its so-called "free checking" customers for a year's time, New York Attorney General Andrew Cuomo said Monday.

On a conference call with reporters, Cuomo said the company's Citibank unit has agreed to wait until Jan. 31, 2011, to begin charging a monthly fee to some free checking customers.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.