FEE POST MORTEM...why bank fees did not pass at the Capitol

Grants | Legacy Digitization | Topics | Business & Industry |
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State lawmakers refused to enact limits on bank service charges this legislative session. In the last several years, consumer groups have issued numerous reports blasting banks for increasing fees and adding new ones at a time of record industry profits. As Minnesota Public Radio's Bill Catlin reports, legislative proposals to reign in bank fees drew more attention and support this year than they have in the past, but none survived. Jordan Ash says he's actually encouraged. Ash is the banking organizer at the activist group ACORN. He's the point man in ACORN's campaign to force banks to reduce bounced check and other fees the group says unfairly hit low

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Digitization made possible by the State of Minnesota Legacy Amendment’s Arts and Cultural Heritage Fund, approved by voters in 2008.

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