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Durbin Calls on Illinois Banks to Follow Chase’s Lead and Adopt Fee Disclosure Forms

WASHINGTON, D.C.–(ENEWSPF)–December 16, 2011. U.S. Senator Dick Durbin (D-IL) sent letters to the Illinois Bankers Association, the Illinois Credit Union League and the Community Bankers Association of Illinois today, urging them to follow the lead of Chase bank and ask their membership to adopt a disclosure form designed to make checking account terms and fees transparent and easy for consumers to understand.

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A copy of the form, developed by The Pew Charitable Trusts’ Safe Checking…

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