Banking fees question

forgop · 01-13-2011, 05:39 PM

You have to remember that banks are now subjected to new laws that limits the means in which they can make money off of their customers. I think a lot of speculation is that doing so would then be made up over the long haul by having fee based accounts for everything and would eventually offer nothing for "free".

357 · 01-14-2011, 08:33 AM

Quote:

Originally Posted by forgop

You have to remember that banks are now subjected to new laws that limits the means in which they can make money off of their customers. I think a lot of speculation is that doing so would then be made up over the long haul by having fee based accounts for everything and would eventually offer nothing for "free".

Which will send people in droves to Credit Unions.

01-13-2011, 05:39 PM	#1
forgop Not a puffer Join Date: Oct 2008 First Name: Duane Location: Indianapolis, IN Posts: 2,870 Trading: (40)	Re: Banking fees question You have to remember that banks are now subjected to new laws that limits the means in which they can make money off of their customers. I think a lot of speculation is that doing so would then be made up over the long haul by having fee based accounts for everything and would eventually offer nothing for "free".