As banks look for new and exciting sources of revenue, free checking is slowly fading away at the nation's large financial institutions. This week, we heard from several Wells Fargo customers who are annoyed that they'll have to pay $15 per month to keep their current account type if they don't have an average of $7,500 in the bank, across all of their accounts. Is this impossible? No, but it's a drastic change from the old requirements.
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
I closed my Wachovia (same bank as Wells Fargo) account over a similar fee a year ago. There are alternatives to big banks that exist to rip you off, people!
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