Citibank will charge some customers up to $20 per month for low account balances starting later this year, according to a report in the Los Angeles Times. Starting in December, the bank will charge customers of its Easy Checking Package, previously a free service, $15 per month if an account's checking and saving balance does not total a minimum of $6,000, according to the LAT. Citibank also will charge customers of its mid-level Citi Account package $20 per month for a combined account balance of less than $15,000, an increase from $6,000, starting in November, according to the LAT. BLOG POSTS | Mohamed A. El-Erian: An Unsettling Trifecta for Market Contagion Are markets stuck in an irrational cycle of self-feeding fear? Is the volatility, including eye-popping intra-day swings, just a head fake? As much as I would like to say yes the answer is no. The system is sending signals rather than making noise. | | Zvi Or-Bach: How to Create American Jobs There exists a budget-neutral initiative that Congress could enact today to help our companies better compete globally so they can grow and create more and better American jobs. That initiative is to reform our broken immigration laws. | | Peter Dreier: Steve Mnuchin, Meet Rose Gudiel Gudiel would like Mnuchin to visit her at her home, because his OneWest Bank is trying to evict her and her family. If Mnuchin won't come to visit Gudiel, she will visit him, and bring some of her neighbors and friends with her. | | Ellen Cannon: Fed up With Fees? 5 Steps to Switch Your Bank Some banks have "switch kits" online to make moving your checking or savings account to their bank a simple process. But if you want to take your business to a bank that doesn't have a kit, the task is still not too difficult. | | Richard Zombeck: Eastern Bank Reponds to Customer Complaint by Complaining about Customer and Why We Need Occupy Wall Street Disdain, contempt, ridicule, and the basic "let them eat cake" attitude towards the Wall Street protests and outrage seems to be pretty typical and historically accurate. | | MOST POPULAR ON HUFFINGTONPOST.COM |
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