A call to end arbitrary bank fees

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We the people that have signed this petition want to see an end to the arbitrary service fees that banks impose on customers. Usage fees for Automated Telling Machines (ATMs), monthly fees to avoid ATM per usage costs, cheque cashing fees and fees to get a balance statement on your account are all examples of fees that are superfluous and in excess. These are basic services that should be offered by the banks.

Reasons given for charges;

There are cost associated with producing running and maintaining ATM's. We the people that have signed this petition refuse to believe that the costs associated with producing running and maintaining an ATM are greater than employing live people. ATMs are saving banks money because they do not have sick time, vacation days, benefits, and are very efficient. So why pass the cost off to the customer.

If a customer doesnt keep much money deposited at the bank, but demands a lot of expensive services -- such as actually speaking to a human being about transactions -- the bank loses money. We the people that have signed this petition refuse to believe that interest you pay an average customer has hurt your profit margin so much that you must charge these ridicoulous fees.

Very simply the concept that a bank is supposed to use to make money is that it borrows your money (when you make a deposit) and pays you interest on it. It then uses that money to lend to others and charges a higher interest on it and or invest it and make money for themselves. We will not confuse the matter with bonds, R.R.S.P.s and the matter. This is a very simple concept. We do not have cash register fees at resteraunts and grocerie stories. We do not pay extra fee for napkins and straws. Relevance? These are costs other industrys have that do not charge fees for. They are included in the price.

To re-iterate We the people that have signed this petition want to see an end to the arbitrary service fees that banks impose on customers. Usage fees for Automated Telling Machines (ATMs), monthly fees to avoid ATM per usage costs, cheque cashing fees and fees to get a balance statement on your account are all examples of fees that are superfluous and in excess. These are basic services that should be offered by the banks. If your profit margins are too small then learn to become better investors rather than passing the buck and cost on to the customer.
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Goal
50 signatures
Goal: 50
Latest Signatures
15 November 2015
50. Sobia A | I support this petition
7 November 2015
49. Tammy B | I support this petition
20 August 2015
48. Kylie Bryant | I am sick of paying these fees!!!
15 May 2015
47. Alan H | I support this petition
26 March 2015
46. John J | See http://petitiononline.com/cofs1/petition.html
3 January 2015
45. El A | I support this petition
1 July 2014
44. Ron J | Congress needs to limit banking fees that are imposed upon the poor and the working class.
2 June 2014
43. Kevin D | bank fees suck
8 February 2014
42. Vshawn Desj | I support this petition
25 November 2013
41. Joey D | В
23 February 2013
40. Scott H | I support this petition
3 January 2013
39. Ellis Horton | Go Tom!
7 August 2012
38. M Brannonp | banks live off the blood sweat and tears of the poor. NO MORE FEES!!!
11 June 2012
37. Dan A | I support this petition
19 February 2012
36. Donald Lc | I support this petition
10 November 2011
35. Ronald A | I support this petition
3 June 2011
34. A R | I support this petition
1 February 2011
33. Rhiannon T | I support this petition
9 December 2010
32. Russ G | I support this petition
29 November 2010
31. David M | I support this petition
3 June 2010
30. Mike M | I support this petition
26 April 2010
29. Joseph O | I support this petition
17 October 2009
28. Janet S | I support this petition
24 September 2009
27. Lisa B | i heartily agree
25 March 2009
26. Jason B | I support this petition
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Information
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Petition target:
North American banking institutions
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