Backpage Ephemera: A guide to local bank fees

Sunday, October 16, 2011 at 10:05pm
By Steven Hale

Thanks to the sluggish economy, Occupy Everywhere demonstrations, that new Brad Pitt movie and our own shrinking financial waistline, we’ve been unable to avoid money talk lately. The hullabaloo only increased when Bank of America announced the fee heard ’round the world at the end of last month. (Full disclosure, this Backpager stashes his cash in a different drawer. But BofA-ers, we feel for you.) 

It seems these days, no matter where you turn, someone’s asking you to pay for the privilege of spending, or even just having, your money. Hell, sometimes they charge you for not having enough. Luckily, with the help our friends at Nashville Post, we’ve got a list of the top-15 Nashville-area banks, based on deposits. Below is a breakdown of those banks’ most basic checking account options, with any fees, or attached-strings, noted. 

If we were adding fine print, we’d say that when we surveyed the banks, there was a lot of fine print. We’d never accuse a bank of trying to hide its fees, but let’s just say they’re not always easy to find. Consult a banker for any loopholes before opening an account. When we put questions about fees to local bankers, most chuckled. It seems they’re getting these questions a lot lately. 

Nashville banks and their fees can be found here.

Filed under: City News
Banks.pdf57.01 KB

2 Comments on this post:

By: govskeptic on 10/17/11 at 6:04

For the banks to add charges to the masses irregardless of income
levels but particularly those low income earners in great need of
bank accounts is just wrong! The congressional policies along with
regulations that have added cost to the banks, along with their own
greed leading to huge loses is cost burden being paid for by the least
guilty of any of the above.

We must remember it requires a great
deal of earnings to pay these Boards of Directors a great sum to do
very little other than to vote for these Bank Administrators to also
may a large fortune yearly. The feds required great management and
Board changes when assisting GM, but not one change in the largest
banks that were bailed out over great incompetence and neglect!

By: localboy on 10/19/11 at 2:57

Thanks to the author for the public service.