I Hate Banks

I don't understand why Banks charge you for using your own money. Credit cards and Loans I understand charging interest on because you are borrowing money that you do not have. But to charge you just for cashing a check or just for using your ATM is ridiculous! I want to open a non-profit Bank!

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MrEMann · 51-55, M

It's really just poor folk who get charged. Most banks have a minimum balance to hold in order to avoid fees. This allows them to actually make a little money off of your money. Those who constantly dwindle back down close to a zero balance every week are just a lot of paperwork for them. Think about it... everytime you use your bank card to buy a lattee, they have to transfer money to Starbucks, and so on so forth. Make sense?