Inflation hits its highest level in 40 years
Jan 12, 2022

Inflation hits its highest level in 40 years

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Also today: COVID concerns have China suspending U.S. flights. Small banks are thinking about dropping overdraft fees.

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As big banks lower overdraft fees, smaller banks mull their options

Jan 12, 2022
Community banks don’t have the same scale as national banks — but they still have to compete and find ways to make up the lost revenue.
While larger banks, like Bank of America, are reducing overdraft fees, smaller banks have fewer options to make up for lost revenue while remaining competitive.
Nicholas Kamm/AFP via Getty Images

The team

Victoria Craig Producer, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Engineer
Brian Allison Engineer
Alex Schroeder Digital producer
Meredith Garretson Producer
Erika Soderstrom Producer/Director