Bank Fees: Most & Least Costly States

By kkristof · January 1, 2012 · No comments
Banking, Credit/Debit, Lists, Uncategorized · Tagged: bank fees, devil in the details, high bank fees, Kathy Kristof, money watch, outrageous bank fees

Highest and lowest bank fees

Think you pay a lot in bank fees? Don’t move to West Virginia. The Mountain State has the dubious distinction of being the nation’s most costly place to bank, according to a new analysis by the Pew Center in Washington, D.C..Where the average American pays $8.95 a month to maintain a checking account if they don’t meet minimum balance requirements, the fee in West Virginia is 34% higher — $12 a month, or $144.00 a year. That’s more than 140% more than the cost of keeping a checking account in the least-expensive states, where the median monthly fee is just $5. Here are where you pay the most and least in bank fees.More on MoneyWatch12 Steps to Kick Your Bank-Fee Addiction How to Avoid Debit Card Fees

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