This Wall Street Journal headline caught my eye: In Banks Profit Push, “Era of Low Fees is Over”. From the story:
“All depositories are trying to raise any little fee, whether on loans, deposits or transaction accounts,” said Mike Moebs, founder of Moebs Services Inc., which collects data on fees from nearly every U.S. bank and credit union. “The era of low fees is over.”
The upward trend reflects pressure on bank executives nationwide to turn in profits — or at least minimize losses — as loans to homeowners and businesses turn sour.