They already do: things like fees for maintaining the account.
I use Bank of America and pay no management/service fees on any of my accounts. Shop around.
Most of those fees come with a minimum balance. It's negative interest for those who can least afford it. And because it's a fixed fee, it amounts to a larger negative interest rate the less money you have.
One bank around here is beginning to charge fees unless there's a minimum of $25,000 on balance in that bank!
I'm thinking it has the opposite effect from what's intended. People are having to save more and spend less in order to have any cushion at all for the future. Most people I know are getting in the habit of having substantial cash somewhere (not a bank) in case of emergency.
But just the fact that it is a TRUST account should say to them, it is normally not busy.
sounds like they are going for the gusto. With the economy in such a downward spiral, prices of everything going through the roof (despite what the liars say) and everyone out of work I'll lay bets that deposits nationwide are so low on average that banks are beginning to get very concerned. We are in a depression, not a recession.
I pay $3 per month for my checking account, that is all the checks I want to write and a $10 K accidental death insurance policy that will even cover my grandson until he is 18. Since I rarely write a check, it’s just a cheap insurance policy.