I read the answer to the question about dormancy fees, but does that apply to savings accounts? Bank of America lost a class action to this in the 80s.
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Dormancy fees are a matter of contract and state law. They can differ based on the state in which you reside, and the the contractual agreement you have with your bank.
Yes, these fees can apply to savings accounts. Check your deposit agreement with your bank.
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Dormancy fees are a matter of contract and state law. They can differ based on the state in which you reside, and the the contractual agreement you have with your bank.