Quote:
Originally Posted by tankdriver
My brother's worked in banks that have holding deposits longer than clearing debits as policy.
Fees (all kinds of) are a bigger income source for banks than interest on loans. They'll catchya if they can.
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And they are making all the hay they can before the new reg's hit, the good news is they will no longer be able to charge the fee's they are, the bad news is bounce protection will be gone since the risk will not be worth the reward.