Quote:
Originally Posted by HowardCohodas
The lack of profitability of the banks core business is why a recent analysis shows that many banks would lose money without the huge fees they charge for overdrafts and missed payments.
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Are those big banks that offer 'Free Checking' or all banks in general? The reason I ask is a lot of people balk at paying a monthly account fee, yet those same people many times pay a higher overdraft fee than I would at my bank were I pay a monthly account fee.