MIAMI (CBSMiami) – If you’re a customer of SunTrust bank, get ready to pay higher fees on most of the bank services you depend on.
The company announced that starting August 24, it will raise the minimum daily balance a customer is required to keep in an “Everyday” checking account from $500 to $1,500 or pay a $7 monthly service fee, according to the Huffington Post.READ MORE: South Florida Star MMA Fighter Jorge Masvidal Delivers Father’s Day Gifts To 30 Fans
Customers who have “Everyday” checking accounts will also be forced to pay $36 overdraft charges instead of $25 for the first one and $36 for future overdrafts.READ MORE: Royal Caribbean’s Freedom Of The Seas Leaves PortMiami For First Simulated Sailing
According to the Huff Post, customers with other accounts including Student Checking and Solid Choice Checking will no longer be reimbursed for ATM transactions at non-SunTrust Banks.MORE NEWS: Fort Lauderdale PD Confirms Driver Accidentally Hit Wilton Manors Pride Parade Participants
SunTrust is based in Atlanta and has 1,651 branches in the southeast.