We need to regulate the excessive charges the banks charge us for using our money. I call it "inside robbery" by the banks. They can hold our money far too long before we can have access to it. In the meantime they charge us for using our debit card a bad check fee of $35.00 + and this should be illegal. No other western country has such blatant bank rules against the consumers. Let us reign in these illegal bank fees from both the State and Federal level
Why is this important?
Yes, several times. I put in money to my savings account to cover an automatic withdrawal. The bank processed the withdrawal before the deposit even though the deposit was there before the withdrawal. I tried to rectify this problem with them. to no avail. There ws more than enough money in the account to cover the transaction but the bank ate up the deposit with over $100 in fees.
