Schumer Buckles Down on Bank ATM Fees

By WBNG News

Schumer Buckles Down on Bank ATM Fees

July 22, 2010 Updated Dec 6, 2009 at 8:09 PM EDT

Senator Charles Schumer is battling with banks that slap consumers with pricey ATM fees.

Schumer says some banks are charging customers twice per transaction.

It's a practice he calls "double dipping."

And he says its happening all too often.

Schumer said 72% of banks are hitting consumers with fees when they use another banks ATM.

But they are also being charged a fee by the bank that owns that ATM.

The Democrat claims fees are up 13% since last year.

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