Answers about Bank Fees
My bank is charging me ATM fees. Is this legal?
Yes. Federal law allows banks to charge non-interest charges and fees, including deposit account service charges. All fees should be determined on a competitive basis within the market. Each bank should make the decision on the type, amount, and method of calculation based on sound banking judgment and safe and sound banking principles.
When you open an account with a national bank, it is required to disclose any fees associated with its deposit accounts. Be sure to read your Account Agreement as well as any current fee schedule.
If you feel that your bank's ATM fees are too high, shop around: Ask other banks about their fee schedules.