By Stacy Mitchell on February 22, 2010
New data brought to light by the New Rules Project shows that big banks charge substantially higher fees than small banks.
- Related article:
Move Your Money and Save
Not only are fees lower, but several studies have found that smaller banks and credit unions pay higher interest on savings accounts.
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The New Rules Project launched the Community Banking Initiative to provide the empirical and conceptual underpinnings for a community-scaled financial system, which will reduce systemic risk and strengthen local economies, and to identify public policies that can revitalize such a system. Visiting the banking section of our site for more details, articles, and charts. You can also sign-up for periodic updates on the initiative.
"Rules" are laws, ordinances, and regulations that can strengthen your community.


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