Quote:
Originally Posted by G.R.I.T.S.
Just move the account. There are other banking entities here that might save you money instead of charging you for your business.
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Bad advice. Financial institutions are required by either state or federal law depending on their charter to try and locate the owners of an acct to ensure they are either still living or haven't moved and forgotten about account after a period of inactivity.
I'm going to assume that the OP receives paper monthly statements. With inactive accounts that receive paper statements, the monthly fee is to offset the cost of producing that monthly cost.