1. Tuesday, August 20, 2013 - 4:35 PM
I noted one commentor said it was about time. But, what people fail to realize is the banks will just find a way to pass this cost on to you and me. The Gov't thinks they are helping, but they really aren't.
60 posts since
Nov 18, 2010
Rep Points: 391
2. Tuesday, August 20, 2013 - 5:45 PM
Re: ChrisD: I totally agree with you. It will be interesting to see what the banks do about customers like myself who are "fee free" due to our standing with them. I don't think many will get to ride free after this.
947 posts since
Aug 10, 2011
Rep Points: 4,145
3. Tuesday, August 20, 2013 - 8:30 PM
Interesting that this paragraph ends with each bank will pay roughly ??????????
This year though banks have until December 15 to pay and will be notified in late October of their share of the $440 million. Larger banks are expected to pay a larger portion but on average each bank will pay roughly
564 posts since
Jan 16, 2010
Rep Points: 1,645