Why Bank of America’s Fee Hike is Bad for Communities, Consumers and the Economy


BY GABE KRAJICEK Bank of America’s recent decision to slap a $12 monthly fee on all accounts with less than a $1,500 balanceis an insult to consumers across the nation. The charge applies to customers with an “eBanking” account, which up until recently, was free for anyone who didn’t receive paper statements or use bank…

This content is for CU BUSINESS eMagazine , Special Deal: 2 websites , and NEW! The Leadership Team Builder Group Subscription members only.
Log In Register

Share post:



More like this

Rebecca White Joins Texas Trust as Vice President of HR

ARLINGTON, Texas – June 6, 2022 – Strengthening and...

There’s more to overdraft reform than just fees

The great overdraft debate has focused on fees. And...

Rising Inflation Impacting Non-Prime Borrowers Most, Though Many Consumers Proving to be Resilient under Challenging Circumstances

New TransUnion study explores consumer resiliency amid rising inflation Chicago,...