Banks charging fees for services once free.
From credit unions to online and pawn lenders, alternative finance firms are gaining traction as banks turn off the tap for easy cash and start charging fees for services that customers have had for free.
Continue reading… “Alternative lenders gain traction as banks squeeze customers”
Bank of America will begin charging customers a $5 monthly fee in 2012 to use their debit cards for purchases.
There is widespread hostility toward new fees charged by some of the nation’s largest banks and Community banks and credit unions are moving quickly to take advantage of that.
Continue reading… “Small banks, credit unions capitalize on big banks’ fees”