I’m sure this is an effort to make up for frozen money not earning anything right now.
A friend said Washington Mutual has a new policy, and a price-gouging one.
It is starting a $5 surcharge if the person to whom you write the check does not cash or deposit it at your bank. Not to you, to the "presenter" of the check.
Geez o pete. Well, that will at least puff the bottom line for WaMu's eventual buyer, JPMorgan Chase.
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