Several folks complained about banks charging a fee for cashing checks for non-account holders. Years ago banks did cash checks at no charge but things have changed because interest rates are so much lower now. In the good old days banks were eager to get people to open savings or checking accounts and deposit money because banks are allowed by law to loan out $10 for every $1 in deposits and they could make a good money on the interest on these loans. Remember when banks were advertising all the time for retail customers and would give you a toaster for opening an account? But today interest rates are so low they're not making as much on loans so are charging fees for services that were formerly free. If you don't like Sun Trust Bank and want to get back them take out a $100,000 home mortgage from them at less than a 3% interest rate and as you make your monthly payments think how much less they are making from you than if you'd taken out the loan in 1981 and were paying 17% interest.
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