October 4 , 2014 | Posted by primo banks | No Comments

Overdraft Protection Can Come With A Price

Overdraft protection is a service designed to benefit consumers that have overdrawn their checking account.  If you tend to carry a lower balance in your account overdraft protection can help you save a lot in overdraft fees.  Before setting up overdraft protection at your bank it’s important to see if there are any hidden fees [...]
September 25 , 2014 | Posted by primo banks | No Comments

ATM Fees Among Most Frustrating For Consumers

All bank fees are frustrating but there are a few that top the list.  TD Bank recently conducted a survey of 3,000 checking account customers at various banks throughout the country. They found that non-bank ATM fees were ranked most frustrating by 38% of respondents.  That’s the fee you get when you withdraw money at an [...]
September 23 , 2014 | Posted by primo banks | No Comments

Chicago Banks Rank Better for Wire Fees

The Dodd-Frank Wall Street Reform Act was signed into law back in 2010.  The Act has helped consumers avoid being charged a hefty overdraft fee for making small dollar purchases if you “opt-out” at your bank.  Unfortunately what it's also done is caused banks to raise fees for other services, and create new ones to make up [...]