Quote:
Originally Posted by secondcurve
It's been a bad morning and I haven't even got out the door. I logged into by Bank of America checking account and found that I am now being assessed a $25.00 monthly fee for the free checking account I have had for the past 20-years.
As many know, the government has been hammering banks like BofA with lawsuits and regulations since they have taken all the blame for the greedy, incompetent borrowers who were irresponsible and couldn't pay their home loans back during the recession. How do the Banks increase revenue to offset governmental costs? You guessed it, charge the ones who can afford to pay more for basic services like checking accounts.
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I dumped them and Wells Fargo for the same reason. Went to my credit union at work..very happy with .