Finding out how to bank for less
There may be more fees on they way, but you don’t have to pay the price
Experts predict that banks will continue to experiment with fee increases, tougher account requirements, cost-cutting, and new sources of revenue, such as sharing customers marketing data. They are trying to make up billions of dollars in lost revenue due to the bad economy, new regulations, and in some cases perhaps even their own inefficiencies. Does it make sense for you to switch banks? Consumer Reports says it’s important to weigh options before making a move and offers advice.