Bank of America steers customers away from tellers and paper statements - KWWL - Eastern Iowa Breaking News, Weather, Closings

Bank of America steers customers away from tellers and paper statements

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(KWWL) -- Bank of America is developing an online bank account that would steer customers away from using tellers and paper statements.

The account would be free to use, but would charge an $8.95 monthly fee if the customer chose to use tellers and receive statements.

Customers would use ATMs instead.

This comes as Bank of America and other banks are looking at ways to counteract the capping of overdraft fees, that happened July first.

Online Anchor: Sunny Layne

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