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Rising Fees

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Sunday, June 28, 2009

Banks have pushed up fees in the past year to offset lower revenue due to foreclosures and rising credit card delinquencies.

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2008 Increases

On Bounced Checks

2.6%

Average fee: $28.95

On ATM Surcharges

10.7%

Average fee: $1.97

2009 Predicted Increase

On Overdrafts

10%

Median expected fee: $27.50

SOURCES: Bankrate.com, Moebs

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