Fees represent a growing revenue model for financial institutions without much creativity and biz savvy. Even worse, exorbitant fees typical target low income customers.
Here's a worthwhile guide to local places charging residents for their own money . . . Read more:
Overdraft fees typically make up a small fraction of most banks' profits. One researcher believes he has uncovered a business model where banks take advantage of little regulation on overdraft fees by using them as a primary source of revenue.