Bank Fees Continue to Climb, Reports

February 24, 2014
Columbus Dispatch reports that account maintenance, overdraft, and ATM fees increased during the second half of 2013; and the share of checking accounts surveyed that charge no monthly maintenance fees fell to an all-time survey low of 29 percent.

Large banks tend to post higher fees than small and medium-sized banks in several categories, and just 20 percent of the checking accounts at large banks were free of monthly maintenance charges. Typical monthly maintenance fees can run $12 a month or so, according to

Overdraft fees are up, and bank customers who use an ATM outside of their network can be slapped with two fees: one from their own bank and one from the bank whose ATM they use.

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