Tagged: ATMs

OLYMPIA, Wash. – The 85-cent ATM fee that JPMorgan Chase charges Washington welfare clients could soon be a thing of the past. The state hopes to have a deal by the end of the month with JPMorgan on a new, lower cost contract for electronic benefits.

We first reported on the 85-cent fee because JPMorgan Chase wasn’t disclosing it at ATM machines. Now the fee is disclosed. But critics say it amounts to a tax on the poor.

If you’ve ever used a cash machine, here’s something you should be aware of. The Justice Department has disrupted one of the largest debit and credit card skimming rings on the West Coast.

OLYMPIA, Wash. – JP Morgan Chase, the second largest bank in the country, is lobbying Gov. Chris Gregoire to line-item veto a requirement that the bank alert Washington cash assistance clients of an ATM fee the bank charges.

Public records show JP Morgan Chase is collecting more than $100,000 a month in ATM fees from welfare recipients in Washington. But the bank doesn't disclose the fee at the cash machine. This is happening at the same time the state has cut the monthly benefit for families on welfare and individuals in the Disability Lifeline program.