One might speculate that debit card processing is less expensive for banks than checks -- just as it has to cost businesses more to process checks (including people time) than cards.

The new fee spotlights more of the greed that led banks to create the current massive, ongoing recession/unemployment/housing crisis.

And, today I get my statement from BofA which includes a notice that customers will be charged $3 to print check images on the statement (this, after banks stopped returning physical checks). I'll be closing the account.

So, when futurists predicted moving from a paper money (including checks) society to electronic money they didn't tell us the banks were going to become even greedier as financial transactions became cheaper. Profit margins go up and service goes down.

Hooray for capitalism!

Stephen Lamphear
Burien