Wells Fargo Introduces New Monthly Fee
Basic checking customers will see a $7 monthly fee.
Wells Fargo said Thursday that it will start charging basic checking account customers in six states, including Pennsylvania, a $7 monthly fee, according to the Philadelphia Business Journal.
The fee will start in June and customers with a minimum balance of $1,500 or direct deposit of at least $500 won’t have to pay. The fee will be lowered to $5 for customers who opt to go paperless.
Many former Wachovia customers are now Wells Fargo bankers after the banks were all changed over last year.
Lower Southampton's Wells Fargo branch is located in the Bucks Crossing shopping center on Street Road.