Yes, your friendly banker wants your money and he is plotting to keep taking it from you!

 This morning the New York Times has an interesting article on the high fees banks have been collecting  on debit cards,  an estimated $20 billion from overdraft and ATM transactions  fees in 2009! Banks have  routinely allowed customers so-called overdraft protection,  and have collected a  penalty fee of up to $35 or more for each overdraft item. New government regulations, which take effect this summer,  require that bank customers must opt in to overdraft protection. If a customer choose not to opt in and tries to spend more than the funds that are available in his account, his debit card simply will not work. 

With  television ads,  email, direct mailing, and telephone marketing, banks are in a planned frenzy to convince their customers of the necessity of keeping this very expensive and budget wrecking protection.

News Source: (http://www.nytimes.com/2010/02/23/your-money/credit-and-debit-cards/23fe...).