Average nonsufficient funds
fee
By Bankrate.com
The
average bounced-check fee, aka nonsufficient funds (NSF) fee,
rebounded after dipping slightly in the spring, hitting a
new record high of $25.81 for both interest-bearing and noninterest
accounts.
This is nearly 20 percent higher
than the average of $21.57 in fall 1998.
The average had dipped from the
previous record of $25.80 established in fall 2003 to $25.63
in spring 2004, but established a new high in the latest survey.

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-- Posted: Dec. 8, 2004 |