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SoCal Matters
New Law Ends ATM 'Junk Fees' for Low Balances
Season 2025
Episode 290
A new California law, AB 2017, prevents banks from charging penalties when ATM withdrawals are declined for insufficient funds. Consumer advocates say these fees, often over $30, disproportionately harm low-income Californians. This law is part of a broader effort to eliminate "junk fees." Levi Sumagaysay reports for CalMatters.
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