Like your free checking account? Prepare to say goodbye

USA Today | September 26, 2011

“Banks are adding fees to recover from new regulations that could cost billions in lost revenue, says Greg McBride, senior financial analyst for Bankrate‚Ķ’When the government intervenes in markets and eliminates a source of income, a bank, like any other business, has to find some way to make up that lost income,’ says Nessa Feddis, senior counsel for the American Bankers Association.”

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