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Bank fees increasing, as always



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This is an industry that simply can't lose. They blow billions and trillions and we bail them out so they can continue paying lavish salaries and bonuses. Even with their failed business practices, Paulson gives them billions to fund even more consolidation so they can become even bigger and one day, stronger. All the while they've been handed cut rate borrowing terms even though they slowed down loans to just about everyone and then, on top of all of this, they slam consumers with even more fees. If only such authority to dictate policy existed in Congress. Hmmm...

Fees for bounced checks and withdrawing cash from an out-of-network ATM rose again this year, according to a survey released Monday by Bankrate.com.

The average cost of using another bank's ATM is now $3.43, up 13 percent from last year. A bounced check costs an average of $28.95, up 2.5 percent from a year ago, according to the survey.


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