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Bank Of America Is Holding Off On Plans For New Checking-Account Fees

Sunday, December 2, 2012 - 5:37 AMBank of America - Details
From the Wall Street Journal
Bank of America Corp. has shelved plans for new fees that could have hit at least 10 million customers by the end of this year, skirting a potential replay of a 2011 uproar over consumer-banking charges.

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The article also warned that Bank of America is looking into other ways to make money from its profitable customers. One example is financial advisers pushing non-bank products at branches. It's a good idea to be cautious of financial advisers at any bank selling non-bank products.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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