Many Banks Still Socking Businesses With Improper ‘FDIC’ Fee

WASHINGTON — Despite an order last month from the Federal Deposit Insurance Corp. to its 7,241 member banks to stop using its name on any fees charged to business account holders, many banks continue flouting the instructions and are socking businesses with extra charges, McClatchy has found.

Many banks socking businesses with improper ‘FDIC’ fee | McClatchy