Monday, September 24, 2012

ATM fees hit record high, free checking accounts decline - Sep. 24, 2012

ATM fees hit record high, free checking accounts decline - Sep. 24, 2012:

" McBride says that the banking industry has lost income due to an increase in regulations, and that's made free checking accounts harder to find.

"Two regulatory changes in particular have cut the legs out from free checking, he said, "one putting restrictions on overdraft charges, and the other limiting swipe fees when a consumer uses a debit card."

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