Consumers are now paying record high ATM fees, according to a new survey by Bankrate.com. The average cost for using another bank’s ATM nationwide is $4.35 per transaction. As for the Twin Cities, the survey shows the area has the nation’s 12th-highest average ATM fee at $4.44
TCF Bank customers have the most to complain about, according to a new consumer study. Research from the Federal Consumer Financial Protection Bureau says that the Wayzata-based bank was at the top of the list when it comes to the number of complaints they get.
Minneapolis-based U.S. Bank will bump up overdraft fees for all its accounts beginning next month.
Dozens of Somalis in the Twin Cities are being joined by members of the area’s Latino community to protest their inability to transfer money back home to their loved ones.
U.S. Bancorp said Tuesday its first-quarter profit jumped 28 percent, as the bank set aside less money for bad loans and got a boost from jumps in income from both loans and fees.