BUSINESS

As Banks Raise Fees, You Have Options

01/15/2011 10:47 am ET | Updated May 25, 2011

So now we know what the big banks' New Year's resolution was: Keep the profits flowing from basic checking accounts.

Earlier this month, Bank of America announced its intent to test a number of different monthly fees for customers in some states, depending on the balance in their accounts or other relationships with the institution.

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