Aiming to attract customers who are unhappy with the rush of bank mergers, Sanwa Bank California is offering certain banking services free of charge for the next three years.

The $8 billion-asset bank this week kicked off a program under which new customers can trade in checkbooks from their current bank for Sanwa's so-called "2001 Banking" package, which saves customers a total of $300 in fees over the duration of the program.

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