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US Warns Hundreds of People Named in Wikileaks Cables

146
What, me worry?1/07/2011 8:34:39 am PST

re: #142 lawhawk

Other banks are moving in that direction - pretty much eliminating “free” checking and passing on additional costs to customers after financial reforms enacted last year.

Banks are trying to eke out every last cent from customers, even as they give no value to maintaining savings or checking accounts (pocketing the spread on the interest rates set by the fed and what they pass on to customers (which is close to zero).

But that’s been going on for years - fee charging. We opened our BoA account 10 years ago and we shopped for the bank with the least amount of fees and most convenient. We haven’t paid fees on our checking account in 10 years and nothing has changed there.