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Bank Fees

Janell Ross

Florida, California Take Cut Of Bank Fees On Unemployment Benefits

HuffingtonPost.com | Janell Ross | Posted 12.01.2011 | Business

When Derrick Johnson visits the ATM in his Florida town to tap his jobless benefits, he regularly pays fees to the companies that administer the state...

Bank Of New York Mellon Backs Off From Its Plans For Deposit Fee

Posted 11.26.2011 | Business

(JED HOROWITZ, Reuters) - Bank of New York Mellon Corp, which was derided for a plan to charge some of its large corporate and investment manageme...

Catherine New

How Banks Get You On Overdraft Fees [GRAPHIC]

HuffingtonPost.com | Catherine New | Posted 11.22.2011 | Business

Under pressure from regulators and lawyers, nearly all banks have stopped the predatory practice of reordering debit-card purchases to gouge customers...

Bank Lobbying On Track To Hit Record High This Year

Posted 11.21.2011 | Business

Big banks are on track to spend a record amount lobbying lawmakers this year. The five banks that spend the most on lobbying have boosted their lo...

EU Executive To Propose New Bank Fee Regulations

Posted 11.21.2011 | Business

The European Union's executive will propose new rules for bank fees after failing to persuade the industry to make its charges more transparent, a...

Not Just Debit Fees: The Other Ways U.S. Banks Cost Customers

The Huffington Post | Harry Bradford | Posted 11.14.2011 | Business

The era of the debit card fee may have come and gone, but plenty of bank charges remain. Indeed, with all the talk of debit fees, it's easy to for...

Chase Ending Test Of Checking Account With $10 Fee

AP | CANDICE CHOI | Posted 01.14.2012 | Business

NEW YORK — Chase is scrapping the test run of a checking account that charged customers a fixed $10 monthly fee. The trial in Oklahoma was a de...

Banks Still Boosting Fees -- Quietly

The Huffington Post | Jillian Berman | Posted 11.14.2011 | Business

Most banks may have backed away from the debit fee idea, but they're still nickle and diming customers in other ways. Banks such as Bank of Americ...

Are Bank Fees Too Complex? The Case for Fee Transparency

Tim Chen | Posted 01.11.2012 | Business
Tim Chen

Do your best to read every bit of bank paperwork that comes your way, and take responsibility for understanding your account terms. If you don't understand something, or don't like a new fee, don't wait to ask about it.

Tens Of Thousands Joined Credit Unions On Bank Transfer Day

The Huffington Post | Jillian Berman | Posted 01.09.2012 | Business

Tens of thousands of Americans joined credit unions on Saturday, as the Bank Transfer Day movement encouraged consumers to move their money out of big...

Walmart Benefiting From Americans' Frustration With Big Banks

Posted 01.08.2012 | Business

It's not just local non-profit credit unions that are benefiting from anger directed at big banks -- the world's largest retailer is also getting a bo...

Wells Fargo Opening Bank For The Super Rich

Posted 01.06.2012 | Chicago

Wells Fargo & Co.'s new bank for the super rich is set to open in Chicago, targeting households with $50 million or more to invest. Abbot Downing ...

More People Joined Credit Unions Since BofA's Debit Fee Controversy Than In All Of 2010: Survey

The Huffington Post | Jillian Berman | Posted 01.03.2012 | Business

More consumers flocked to credit unions last month than in all of 2010 combined, likely in part due to the controversy surrounding debit card fees. ...

BofA Customers Most Likely To Leave Their Bank

The Huffington Post | Jillian Berman | Posted 01.03.2012 | Business

Customers at Bank of America are more likely to leave the bank than customers of other big banks and credit unions, according to a recent poll. Ni...

Making Bank Transfer Day Work for You

Richard Barrington | Posted 01.02.2012 | Business
Richard Barrington

As a consumer you have the right to look for free checking accounts, and the highest interest rates on CDs, savings accounts and money market accounts. Don't limit your choices to credit unions.

Bank Closings Slow to a Steady Downpour

Richard Barrington | Posted 01.02.2012 | Business
Richard Barrington

The torrential pace of bank failures in 2009 and 2010 has eased, but in the first three quarters of 2011 the downpour has still been enough to give the banking system a pretty good soaking.

Janell Ross

Cashing In On Poverty: Banks Harvest Fees On Unemployment Benefits

HuffingtonPost.com | Janell Ross | Posted 01.01.2012 | Business

Out of work and living on a $189-a-week unemployment check, Rob Linville needs to watch every penny. Lately, he has been watching too many pennies dis...

Wells Fargo 125% Fee Hike

Iris Erlingsdottir | Posted 12.31.2011 | Business
Iris Erlingsdottir

Forty-five dollars for a transaction that a few weeks ago cost $20. What's the $25 increase for?

Tricks and Treats at the Bank

Richard Barrington | Posted 12.26.2011 | Business
Richard Barrington

Even if you are too old to go trick-or-treating, you may find yourself holding a mixed bag this Halloween at your bank. Banks play their share of tricks on customers, but they also hand out some treats.

Fighting Back: My Bill to Prohibit Fees on Debit Cards

Rep. David Cicilline | Posted 12.26.2011 | Business
Rep. David Cicilline

Charging hardworking families a monthly fee for them to use their own money to purchase ordinary necessities is outrageous and it needs to stop.

12 Free Checking Accounts for Baby Boomers

Richard Barrington | Posted 12.25.2011 | Fifty
Richard Barrington

At a time when the free checking account is practically an endangered species, having special access to free checking is a valuable benefit.

Big Banks Still Raking In Billions From Overdraft Fees

Posted 12.21.2011 | Business

Despite bank officials wailing about how financial reforms may hurt their bottom line, banks will rake in billions this year thanks to fees they're ch...

50 Million Will March

Brent Budowsky | Posted 12.20.2011 | Politics
Brent Budowsky

America has entered a new political era of protest and patriotism in a great and powerful tradition. When winter turns to spring, those who seek to champion the 99 percent are poised to mobilize for the largest protests in the history of America, and the world.

Despite Consumer Outrage, Bank Fees May Be Here To Stay

AP | By PALLAVI GOGOI | Posted 12.19.2011 | Business

NEW YORK -- Higher bank fees are here to stay. The latest third-quarter earnings reports from this week confirm that banks are struggling to make mon...

Bank of America, Adam Smith and a Fee Market System

Adam Levin | Posted 12.09.2011 | Business
Adam Levin

In keeping with the new Durbin-inspired trend of candor and brevity, Bank of America CEO Brian Moynihan justified the new fee by saying, "we have the right to make a profit." Translation: I think they need the dough.