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Ask Congress to legislate a Federal Law making "Minimum Balance Fees" at banks ILLEGAL

Created by T.B. on July 09, 2014

Minimum balance fees should be illegal for any bank. Banks already make plenty of money from their customers without charging them simply because they don't have a so-called minimum balance. No matter how much money a customer has at a bank, the bank uses the aggregate sums of all money from all customers to, therefore, make money. Besides, the American taxpayer ends up bailing out banks when they make risky investments. It add insults to injury for banks to charge customers simply because they have a low amount of money in a particular account!

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