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This is true, but bounce fees are a minority of bank revenue. I just pulled the BofA 2021 10K [1] and it shows $3.5bln in service charges, but $24bln in intere
by metacritic12 4y ago
This is true, but bounce fees are a minority of bank revenue.
I just pulled the BofA 2021 10K [1] and it shows $3.5bln in service charges, but $24bln in interest income.
[1] https://imgur.com/a/cGjM5Gi https://imgur.com/a/cGjM5Gi