Bank fees

To: Congress, Banking Regulators and the Office of the Comptroller of the Currency.

We the people that have signed this petition is asking that all Federal and State elected Officials throughout this country to pass legislation to limit or stop, the unjust and excessive overdraft fees, transfer fees, ATM fees and etc. Thats imposed upon the poor and the working class. It should be a crime to charge a $35.00 insufficient fee for .02 over.

Everyday banks across this country want Senior Citizen, Disabled, and low-paid workers to place their money into Direct Deposits. Meanwhile, the banks waits like hungry wolves on their unsuspecting and unprotected prey.
While Automatic Clearing Houses hold transactions until the last minute, sending transactions through on the same day knowing that there will be a Direct Deposit. So, if they know that there will be a Direct Deposit on the same day, then why should they be allowed to charge insufficient fees?

Several years ago new laws where passed so that banks wouldnt have to wait days to cash a check. Because customers were writing checks several days before a deposit would be made and the check would bounce. After the law was passed the check could post several hours after being written. Then why arent the banks required to post debit transactions immediately or shortly after.

However, now when we use a check or debit cards the bank holds the transactions from minutes to days even weeks, catching unsuspected customers off guard. So, they can charge excessive fees. This is why banks encourage people to use these cards and to have Direct Deposits.

So, we the people hereby signed this petition asking that something be done regarding these fees.

Join us in this fight to help the poor, seniors, disabled and the working class voting citizens keep their money. Perhaps this many be the start to fighting poverty in America.

After all, the American Dream should be for everyone, not just for the wealthy.