BUSINESS

Ten Ways That Banks Rob You Blind

08/06/2009 05:12 am ET | Updated May 25, 2011

Keep a wary eye on your accounts as many banks impose new fees in an effort to boost earnings. Charges -- including late fees overdraft charges and loan-origination costs -- now generate about half the banking industry’s income. A bounced check can cost as much as $30 at some banks. Then come new credit-card fees. Major banks such as JPMorgan Chase (JPM) Wells Fargo (WFC) and Bank of America (BAC) offer the convenience of easy-to-find branches and an extensive ATM network. But regional banks such as The Apple Bank for Savings or M&T Bank (MTB) may offer a better deal to ...

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