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We've grown accustomed to free checking, free ATM access, and free FDIC insurance, but for banks, these services are major expenses. Recently, banks have paid for these services from revenue generated elsewhere...

If customers migrate to credit unions, online banks, and community banks, the unprofitability will shift from larger institutions, which may have a better chance of handling these customers, to new entities who will then need to deal with providing services to more customers without increased revenue. These smaller banks and credit unions may, in turn, increase fees to afford these customers...

Take a look at the full article on US News...
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