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Bank fees are squeezing customers according to an article in The Record (Hackensack, NJ) dated April 20, 2006. Banks are having a hard time making
Bank fees are squeezing customers according to an article inThe Record(Hackensack, NJ) dated April 20, 2006. Banks are having a hard time making money lending, so many are charging more and higher fees. Meanwhile, interest paid on interest-bearing checking accounts remains low. Kayla Siska received her bank statement from the Commerce Bank which increased its overdraft fee from $33 to $35. To avoid future overdraft fees and bounced-checks (NSF) fees, Kayla wants to make sure her checkbook is in balance.
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