Will eliminating free checking prove as unpalatable to banks as to consumers?
Banks recently put the possibility of imposing checking fees on the table as part of their talks with legislators who would cramp other sources of fee income. Not surprigingly, consumer anger in response to the threat has emerged on the Web. More than a hundredNew York Times readers weighed in in response to an article and blog post on the subject by columnist Ron Lieber.
Most of the comments were predictable, but a few contrarians doubted that their banks would even ask them to pay for checking.