Anyone else ever had this happen? Our church was just charged a fee of $1 per $100 over and above $20k in one month. The reason given was that the Fed charges the bank to pick up the cash. Just stumped over this one. (I'm the financial secretary.)
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We swapped banks 4 years ago for the same reason. We just found out this past week they too are now charging us to deposit cash. So we are going to act like Fanni Willis and stash it in the house.