Why Banks Are Suddenly Charging So Much for Checking (The Motley Fool)

The Motley Fool - We've grown accustomed to free checking accounts. The thought of paying anything for checking feels like highway robbery, even though research shows accounts cost banks up to $300 annually to maintain. Checking accounts have become like soft drinks and peanuts on an airline flight: Even if it's a service that costs businesses money, we expect to get it for free. Why? Because it's always been free. No other reason.

Source: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/fool/20110325/bs_fool_fool/rx117821

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