Experts say online banking can help eliminate bank fees - KOTA Territory News

Experts say online banking can help eliminate bank fees


Bank fees can really drain your account, but experts say there are other options. According to a new study from, the average account can have up to thirty fees attached to it.

What's most common are overdraft fees, ATM surcharges, and maintenance fees. Tom Lessin, Branch President of First National Bank in Rapid City said a convenient option that eliminates fees is online banking.    

"Our big push and we're having one right now is with our eco banking account or eco checking account. So by doing that a person can save the normal fees they would pay on a checking account," said Lessin.

Lessin also said to avoid overdraft fees people can put alerts on their account, so they'll know when their balance is getting low.

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