Bank Fees Rise as Banks Fall

bank 150x150 Bank Fees Rise as Banks Fall

As the number of banks fall, consumers should be warned that many banks fees will begin to rise.

CBS Moneywatch reports of a study done that shows a significant increase in a variety of fees including the use of ATM’s from different banks. Others, such as the overdraft fee, are increasing greatly and free checking accounts are now hard to come by. Applying these fees is the major way that banks are recuperating the money lost during the economic crisis.

To read full article, click here:
http://moneywatch.bnet.com/investing/blog/against-grain/look-for-bank-fees-to-rise-as-number-of-banks-falls/1112/

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About America Monge

Marketing Intern at Council of Better Business Bureaus, Arlington, VA.