Bank Of America Eyes New Monthly Fees - #bailoutbaby #p2 #tcot

"Bank Of America's retreat from a proposed $5-a-month debit card fee after angry customer feedback doesn't mean the bank isn't thinking up new ways to charge account holders more money, according to a report in Wednesday's Wall Street Journal. 

The bank is searching for new sources of income after a revenue drop of 22 percent since 2009 and is weighing a new fee structure that would charge some account holders as much as $25 a month. The new plan is already being tested in pilot programs in Georgia, Massachusetts and Arizona, according to the paper."

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