"Even a former bank manager who contacted the investigation said he was “shocked” by recent moves to increase minimum monthly balances from $1000 to $3000 for some accounts and noted it was an active move to squeeze fees from more customers. "
Good article based on a survey. Read the fine print, be prepared to argue with your bank. Even better, if you find examples of "hidden fees" change banks. Nothing talks like money that walks.
Guardian Securities does not charge entry or exit fees and can offer higher rates of returns than banks.
The article can be found here.