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Bank Fees Reach Record High — What Does Your Bank Charge?

According to Bankrate.com, ATM fees and other bank charges are at their highest levels. Rosemont Patch wants to know: How does your bank compare?

The cost of banking is going up — and lending institutions are finding ways to tack new fees onto checking and other accounts.

Bankrate.com reported recently that charges for use of bank accounts have reached an all-time high this year.

Whether it's higher costs for using ATMs at other banks, monthly "maintenance fees" averaging more than $5, or overdraft charges of $30 or more, bank customers are paying more to get access to their money.

Rosemont Patch wants to know: How have you been affected?

Does more of your money every month go toward banking fees?

Where do you keep your money — and how do your bank's charges compare to other institutions?

The survey by Bankrate.com found that 72 percent of customers said they'd change banks if their fees went up — would it cause you to switch?


Post your answers in the comment section below.

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Just a short thought to get the word out quickly about anything in your neighborhood.
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khopkins May 15, 2013 at 01:51 pm
In the real world of the working class if 'we' had not been forthcoming, we would have been fired. IRead More think they should both be 'fired'.
Dan Schmitt April 23, 2013 at 09:48 am
Roberto, Looks like the discourse is losing steam. There's an article in today's Bee by PaulRead More Krugman (Nobel Prize winner for economics) titled "Austerity policy creating long-term unemployment." I'd be interested in your thoughts on Krugman's take on the debt issue you raised days ago.
Roberto April 19, 2013 at 06:05 am
Now, now Mark, no need to get personal. Tom brings some important facts to the table. Our nation'sRead More spending is uncontrolled in almost every area including defense. We're not managing our spending and revenue is in the toilet. If the administration continues at this pace, they'll be going to Mexico for our next loan.
Jolinda April 10, 2013 at 02:00 pm
Thanks for a wonderful article Chris! Truly, Cyprus is one of the most magical and beautiful placesRead More on this earth and I hope the current financial challenges are short lived! Again, thanks for a very well written article!
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