Banks hike fees, put squeeze on consumers

Say post-crash rules have put a crimp on their profitability

By Todd Wallack

Globe Staff / November 13, 2010

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Banks across the country are eliminating free checking and raising fees on other basic services, such as ATM transactions and copies of canceled checks — increases they say are needed to offset the cost of complying with new regulations and maintain profits but are sure to rile many customers. (Full article: 1049 words)