Updated Saturday, May 18, 2013 as of 10:43 AM ET
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Service Charges Starting to Rebound at Community Banks
Jackie Stewart
Community banks are starting to regain some traction when it comes to bringing in fees from deposit accounts. The Federal Reserve Board dealt banks a setback in July 2010 with Regulation E, requiring customer permission for enrollment in overdraft programs. It wasespecially harsh on smaller banks, which have historically struggled with noninterest income. …
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