Baxter & Baxter, LLP, Attorney Comments in the Oregonian: Little banks pay for bigger banks' blunders
Justin Baxter was interviewed by the Oregonian about the plight of small regional bank customers who have had their savings account yield rates reduced. The article was about one regional bank's decision to pay a lower interest rate on interest bearing accounts.
Baxter & Baxter, LLP, attorney Justin Baxter commented: "You see issues like this, and it's essentially small scale fraud," he said. "If a bank cheats everyone out of $10, nobody is likely to bring a case, but that nickel-and-diming adds up for the bank."
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