Bank of America’s New Debit Card Fee – as featured in the CNN Newsroom

Bank of America is introducing $5 debit card fees, and other major banks may follow soon. Clyde Anderson, CNN Financial Contributor, explains the reason for the major change and why people may soon take their business to community-based financial institutions like credit unions. Will you make the change? Click here to watch the video posted on CNN’s Newsroom, 10/2/2011.

To learn more about the new bank fees and your choices, click here to view the video with Clyde Anderson from CNN’s Newsroom.