Chase Bank

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.

Seattle police are checking surveillance video and banking records Friday in an attempt to find the person who left a firebomb under an ATM inside a Chase bank foyer.

Washington Governor Chris Gregoire says JP Morgan Chase must figure out a way to make their ATMs warn welfare clients of an 85-cent fee to withdraw cash. The governor made her comments Wednesday after she declined to veto the disclosure requirement.

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.

Austin Jenkins / Northwest News Network

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.