All Federally Chartered Banks
Maximizing nsf account charges any city
All banks engage in a practice to maximize their NSF charges, typically around $25-30 a pop. Example 1: You have $1,150 in your account, you wrote 6 checks - $600, $500, $30, $20, $10, $10. They will cover all the checks, but they will charge you 6X$30=$180, even though only the $20 check is over ...