Business

Bank Fees Rise as Lenders Try to Offset Losses

NY Times
Bounced check: $32. Stop-payment: $30. A.T.M. charge: as high as $3. Even now, after all those bailouts, banks never seem to tire of dipping a little deeper into your wallet. Despite the tough economic times and increased scrutiny from Washington, they are keeping most fees at record highs, and are eking out slight increases on others like overdraft charges — a step they rarely took during past recessions. The result? Americans are paying more to save and spend their money.
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Posted by Editor at July 2, 2009 07:46 AM