Banks Inside Walmart Costing You Money
Updated: Wednesday, May 14 2014, 07:54 AM CDT
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Banks inside Walmart stores lead the nation for pulling in more revenue from customer fees than any other stand-alone banks.
There are several different banks that operate inside more than 1,000 stores across the U.S.
The average bank in the U.S. only get about 0.7% of its revenue from fees charged to customers, while a new study found the banks inside Walmart get anywhere from 11.3% to 20% of its revenue in fees.
Most of those fees are from overdraft fees.
The bank with the highest percentage of revenue from fees is Suntrust.
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