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I'm really not sure why this is news. It's been covered all the web previously that banks make a lot of their net profit from overdraft fees. Here's a couple re
by iamchmod 11y ago
I'm really not sure why this is news. It's been covered all the web previously that banks make a lot of their net profit from overdraft fees. Here's a couple recent articles:
http://www.fool.com/investing/general/2015/06/17/bank-of-americas-overdraft-policy-is-clearly-impro.aspx http://www.fool.com/investing/general/2015/06/17/bank-of-ame...
http://247wallst.com/banking-finance/2015/06/17/banks-making-the-most-from-overdraft-and-atm-fees/ http://247wallst.com/banking-finance/2015/06/17/banks-making...