Bank of America

Not just BofA. Even JPMorgan was down. Oh well.......

 

Cashed out early? Good move. Should do the pit fall move . Next few weeks if not sooner.

 

Last time I checked some banks charged a shit load of money for in branch wire transfers..... removal company moving companies removals.........

 

Free at BoA if it is to Mexico.

 

WTF



Looks like a jap dive bomber.

 

Glad we all sold at 19.

 

Blake Ellis, staff reporter, On Saturday September 25, 2010, 2:06 pm EDT
Bank fees: They're like a game of Whac-a-Mole. The minute one set is banned, a whole new set pops up.
In August, the Card Act banned a variety of fees -- including certain overdraft and excessive late charges. But one month later, banks are increasing existing fees and finding creative new ways to charge customers more for credit cards, so-called "free" checking accounts and banking services.
Already this year cash-advance fees and balance transfer fees have risen to 4%, up from 3% in July last year, according to a study conducted by the Pew Health Group's Safe Credit Cards Project.
"It's like you've got a sinking boat, where you plug one hole and another one springs up," said Curtis Arnold, founder of CreditRatings.com. "You can shut down one egregious fee, but that doesn't mean other fees aren't just going to start popping up elsewhere."
Here's a bank-by-bank look of what to expect.
Bank of America: Just last week, Bank of America said it plans to raise minimum balance requirements over the next 12 months and charge a monthly account fee for customers who can't maintain those balances.
"We currently estimate over time through these and other items we are working on that we will have the ability to offset a substantial majority of the revenue from the various regulatory changes," Bank of America CEO Brian Moynihan said in a presentation to investors last week.
Customers enrolled in the lender's new eBanking checking account will be charged $8.95 per month if they opt to receive paper statements and visit tellers instead of banking online. Since the launch of eBanking in August, nearly half of all new checking accounts fall into this category.
Earlier this year, annual fees ranging from $29 to $99 were applied to a variety of Bank of America credit card accounts.

 

Thank you Albert. Rest in peace.