September 10, 1997

Fee one...banks turning rubber into gold

Bill Catlin - Reporter

LISTEN:Fee one...banks turning rubber into gold
00:00--:--

FOR M.E. WEDS 9-10-97 Today we begin a three part series on bank fees. Consumer groups have blasted banks for excessive fees in an era of record profits. One of the most lucrative service charges is the bounced check fee. In the first report of our series, Minnesota Public Radio's Bill Catlin reports that banks have figured out the bounced check fee can turn rubber into gold. Tune in at 5:30 tonight for more about bounced check fees, including a banking practice that can make customers bounce more checks

This Story Appears in the Following Collections


Views and opinions expressed in the content do not represent the opinions of APMG. APMG is not responsible for objectionable content and language represented on the site. Please use the “Contact Us” button if you’d like to report a piece of content. Thank you.

 

Transcriptions provided are machine generated, and while APMG makes the best effort for accuracy, mistakes will happen. Please excuse these errors and use the “Contact Us” button if you’d like to report an error. Thank you.