Just when I thought banks had fees for everything.
I had 4 accounts with compass and while all the accounts were Free Checking they managed to apply a fee of $5.00 per month for 2 years because the account was INACTIVE!
I called the branch and the 800 service they told me in 2006 they sent a statement our explaining that accounts that were not being used would be changed a service fee of $5.00 per month.
So much for letting your money sit in a back. I didn't use any of the accounts for nearly 3 years then when I got back in state I found money missing. The manager told me if I transfered a Penny every 6 months no fees would be applied. If this doesn't take the prize for STUPID FEES I don't know what does. How much does it cost to not do anything with your bank? According to Compass $5.00 per month.