New Hampshire banks increasing overdraft fees

Laconia’s NH Citizen reports:

One fee that will rise at Laconia Savings Bank is the overdraft fee, which is going from $26 to $30.  “It’s not a huge amount, but one of the benefits we hope to is see is that, with a higher fee, people will be less likely to overdraw on their accounts,” Murphy said.

So, consumers in New Hampshire no longer have the option of a $15 per $100 payday loan…but they’ll be forced to pay $30 if they overdraw their account.  Insanity.

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One Response to “New Hampshire banks increasing overdraft fees”

  1. Chris F says:

    Perfect timing…

    We get rid of those pesky payday lenders and then raise the NSF fees!!!!

    Our plan is starting to come together!!!!

    Coincidence? I think not.

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