fees

Today nearly half of all Americans live from paycheck to paycheck, and income volatility has doubled over the past thirty years. Banks, with their high monthly fees and overdraft charges, are gouging their low- and middle-income customers, while serving only the wealthiest Americans.

Lisa Servon's The Unbanking of America: How the New Middle Class Survives is an indictment of America’s banks, together with eye-opening dispatches from inside a range of banking alternatives that have sprung up to fill the void. 

  Faced with a major decrease in property tax collections and no
expected increase in state aid, budget writers in Springfield
Massachusetts are proposing scores of fee hikes. But the city's top
finance officer says it still won't be  enough to avoid budget cuts.
WAMC's Pioneer Valley Bureau Chief Paul Tuthill reports..