Bank of America to start charging $8.95 to bank with teller

Full story: The York Daily Record

The days when you could walk into a bank branch and open an account with no charges and no strings attached appear to be over.
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Empty Wallet

Philadelphia, PA

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#1
Oct 20, 2010
 

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Who controls America besides the worthless politicians in Washington ,Big Banks, Drug Companies,and Insurance companies all sticking it to the American people with high prices , fees etc draining the wallets of hard working people while they get richer .
Sad

United States

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#2
Oct 20, 2010
 

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The days of ethical business practices is gone!
Don Corleone

Hanover, PA

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#3
Oct 20, 2010
 

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It's not like there aren't thousands of other banks to use. Anyone who uses BOA considering the trailer loads of taxpayer cash they got, their ridiculous nuisance fees, and now the countrywide scandal where that orange faced jackass CEO got a slap on the wrist after stealing billions, deserves to get fleeced.
spring garden resident

York, PA

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#4
Oct 20, 2010
 

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This game is so rigged... Brian Moynhihan and Obama are pals. If you do business with BOA, you deserve ridiculous fees. Put your money where your mouth is and open an account with a local credit union or bank. Tell Das Government to get out of the business of regulating our lives.
Another

York, PA

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#5
Oct 20, 2010
 

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Just another reason to bank with a credit union. We bail the big banks out, they go back to their old tricks of screwing the customer. No thanks
Gimme a Break

United States

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#6
Oct 20, 2010
 

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The one quote in the article that struck me was, "I've seen more regulation in last 30 months than in last 30 years," said Robert Hammer, CEO of RK Hammer, a bank advisory firm."

What a stupid a** this Mr. Hammer is. Does this guy not realize that had there been more bank regulation over the last 30 years then may be banks would not have built huge, repeat huge investment portfoilios on a house of cards (ie: flimsy mortgage back securities/derivatives). They had high yields for a while but they also carried extreme risk and that risk was down played by Wall Street. Then like dominos, one fell and it caused a cascade of failure. Regulation may have prevented them from trading in these all together or at least disclosing how risky they actually were.

Once again it is the argument between little/no government intervention/regulation and too much. My belief is we need the right size government and clearly considering what happened over the last few years in the banking industry, there was too little regulation (thanks GWB Jr).
Mark

United States

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#7
Oct 20, 2010
 

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Good Buy Free Checking Accounts at big banks.. go to your local community or credit union banks!!

Who wants to pay that?
dave

Mechanicsburg, PA

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#8
Oct 20, 2010
 

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how about they stop sponsoring stadiums, racing events, etc
Yea Right

Stewartstown, PA

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#9
Oct 20, 2010
 

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JAM IT BANK OF AMERICA!!!!

Time for everyone to move their accounts to a Credit Union! You will save lots of money. Put the BIG banks out of business!
Bail Out Money-Thieves!
Amazed too

Harrisburg, PA

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#10
Oct 20, 2010
 

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The solution is quite simple... join a credit union! I'm glad that I am no longer supporting corporate banking. I belong to PSECU and my membership means that I am part owner. All excess profits are returned at the end of the year to the 'owners'. I love it... free checking, free checks, low rates, and a credit card with 3.99% and 9.99% interest rates (balance transfer rate and standard rate), free atm use at any credit union or free atm, etc. Plus I'm supprting a local institution with local employees.
Retired US Army

Fort Myers, FL

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#11
Oct 20, 2010
 

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Once again ripping off the poor so the rich can get richer be smart withdraw your money from bank America and do it now if everybody boycotts them they will change or go out of business
Snoop LL Cool Bean

Hammonton, NJ

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#12
Oct 20, 2010
 

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I haven't done business with BOA since they started letting illegals open accounts. In any event, you can thank Pelosi, Frank, Dodd and Obama for the new banking laws. Obama was crowing about how he cracked down on the banks just the other week. Same old, same old. Whenever government gets involved in anything, the unintended consequences (are they really unintended?) cost the little guy.
few left

United States

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#13
Oct 20, 2010
 

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As it stands Metro Bank still good and one of the best customer compatible.
Just sayin

Horsham, PA

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#14
Oct 20, 2010
 

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Bank of America is a sham. They took huge amounts of bailout cash. They issue credit cards to illegal immigrants and then allow them to default,
costing everyone else to pickup the tab. Charging customers a fee if they want a paper statement, or to see a real live person is absolutely beyond the pale. How's this Bank of America, you can handle my accounts when you start paying me to use my money. Interest rates are ridiculous. Keep your money at home people, go back to money orders. Pay cash as you go.

Since: Dec 07

Arlington, VA

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#15
Oct 20, 2010
 

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BOA also gives credit cards to illegal aliens, and has hired Wal*Mart floor workers as "Robo-signers" to sign fraudulent affidavits in foreclosure proceedings. Vote with your money and bank elsewhere.
G-burgFan

Brick, NJ

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#16
Oct 20, 2010
 

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Banks are taking steps apparently to discourage patrons, when they should be offering perks and incentives. In particular, BofA, bailed out by us taxpayers, has a lot of gall turning to extra fees to stick it to the customer, again. They catered to those that could afford big investments and lost it on Wall Street after the financial gurus got too big, too greedy to the point of mismanagement and "didn't see it coming". BofA's high hidden fees was underhanded to begin with, resulting in losing many customers, so now, future customers are expected to "pay for it because banks are losing income from other avenues". BofA has tarnished its reputation and lost its credibility. Thankfully, I never had to deal with them or any of the other "too big to fail" banking institutions.
Off Topic

York, PA

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#17
Oct 20, 2010
 

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Retired US Army wrote:
Once again ripping off the poor so the rich can get richer be smart withdraw your money from bank America and do it now if everybody boycotts them they will change or go out of business
Today you are retired Army and a banking specialist; yesterday, a specialist on schools, what will tomorrow bring, a nuclear physicist? You're more full of crap than my impending Thanksgiving turkey. Give it up; no one but me pays any attention to you! And you're rubbin' me pretty thin! Ride your Hoveround off the pier!
Jake

Delta, PA

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#18
Oct 20, 2010
 
Want to avoid all the stupid new fees???? go to a different bank, if BOA starts losing customers maybe they'll think twice, or maybe Obama will just bail them out again
Bubbie Bubster

Bradenton, FL

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#19
Oct 20, 2010
 

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Where will the Mexicans do their banking?
This sucks big time.
Kim

York, PA

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#20
Oct 20, 2010
 

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If all of America would withdrawal all of their money in cash and keep it at home in the mattress and those who are wealthy become their very owns bacnk lending money at interest rates us poor folk could afford thr would be no bailouts no embezzling no suicides due to people trying to live beyong their means and alll the banks would falter. leaving all the fatcats back with us... the middle class if even one still exists.

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