Lawmakers are examining measures that would require banks to disclose all fees and accountrequirements in writing, provide free cashing of government checks, and to create basic savings accounts to carry minimal fees and require minimal initial deposits.

(A) provide free cashing of government checks, and to create basic savings accounts to carry
(B) provide free cashing of government checks, and creating basic savings accounts carrying
(C) to provide free cashing of government checks, and creating basic savings accounts that carry
(D) to provide free cashing of government checks, creating basic savings accounts to carry
(E) to provide free cashing of government checks, and to create basic savings accounts that carry

The OA is E.
With respect to option (D) the explanation in OG is that
"Choice D looses parallelism by dropping the conjunction 'and' , a modification problem results because the participial phrase creating... attaches to the noun checks, thus distorting the meaning of the last element of the parallel construction.

I agree with the above except for the fact that if option D had 'and' before 'creating' it still does not make a correct sentence.

Lawmakers are examining measures that would require banks to disclose all fees and account requirements in writing to provide free cashing of government checks and creating basic savings accounts to carry basic savings accounts to carry minimal fees and require minimal initial deposits.

Issues I see in the above sentence
1.I also think before 'to provide' we should have a 'and' to end the parallelism.
2. require banks creating does not make sense