Hall of Shame Nominee #7:

18 banks fail, the cost is passed on to you

18 banks have failed so far this year.  That’s more banks than have failed in the last five years combined.  Among them was Washington Mutual, the biggest bank failure in American history.  As long as you’re careful to make sure you stay under FDIC limits, you shouldn’t lose any money, even if the worst happens and your bank fails, too.  Where you will lose money is in all the sneaky ways your bank is charging you fees!  They have to pay higher FDIC premiums now, and guess who is going to foot that bill?  Yep – you are!  Watch your bank like a hawk and dispute any new fees they try to charge you.

Find out what they’re up to in 5 Bank Secrets Your Bank Doesn’t Want You to Know

Next: Airline baggage fees

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