Marketplace®
Every story is an economic story

Government spends $890,000 on fees for empty bank accounts

Sequester that, right?

This final note, in which we learn that Washington gets hit with annoying banking fees just like the rest of us.

The Washington Post reported that the federal government has 13,712 bank accounts with zero balances. When that happens — as we all know from possibly personal experience — you start paying service charges.

In this case, $890,000 worth of service charges this year.

Sequester that, right?

Related Topics

Collections:

Tagged as:

Latest Episodes

View All Shows
  • Marketplace
    10 hours ago
    25:16
  • Marketplace Morning Report
    18 hours ago
    5:54
  • Marketplace Tech
    a day ago
    8:19
  • This Is Uncomfortable
    5 days ago
    27:11
  • Million Bazillion
    7 days ago
    12:18
  • Make Me Smart
    4 months ago
    24:33