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The link between rising ATM fees and bank consolidation
September 18, 2007
Credit Slips: Why did Bank of America suddenly raise its ATM fee by 50 percent last month? Not to cover B of A's costs but, rather, to give the bank a way of increasing its depositary base - a low-cost source of funds - and continue its leading role in consolidating the U.S. banking industry.
Trends / StatisticsTransaction ProcessingOtherNorth AmericaBanking Executive SummaryBank / Credit Union
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