Bank Of America
Excessive NSF fees as a growth industry for banks

I fully agree with all who have been victimized by BofA's excessive fee for NSF transactions. I too, only recently became aware of the process they used to generate fees.

It is an interesting fact, reported in the media, that these "fees" have accelerated in recent years as a growth industry and a beneficial addition to the bottom line of many financial institutions.

Therefore, it is puzzling to see why the defenders of such practices are so adamant when they have no vested interest in BofA.

Much has been written about these practices, but so far, nothing has been done about it.

It seems that year after year these banks continue to develop new ways of padding their bottom line and it certainly isn't because all of us are poor bookkeepers.

Company: Bank Of America
Country: USA
State: California
City: Los Angeles
Address: 8702 S. Western Ave

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