Released: June 10, 2007

Bank fees growing more numerous and expensive

Source: Amy Reinink, The Gainsville Sun

The fees kept adding up. First, Sun State Credit Union charged Gainesville [FL] resident Karen Soesbe $2 for coming in more than four times a month. Next came the charge for not having her transaction slip ready at the drive-through window.

When Soesbe was charged for not using the credit union’s telephone banking system, she decided to fight back, sending an angry letter to the credit union’s president and filing a formal complaint with the National Credit Union Association.

“I was outraged,” Soesbe said. “It’s not a lot of money. I know that. But to be charged $2 just for not having your bank slip at the drive-through teller just seems wrong.”

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