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Valley's Banking Fees Among Highest In Country

Bank customers in the Phoenix metro are paying some of the highest fees in the country.

According to a new report from Bankrate.com, the region has the third-highest average out-of-network ATM fees at nearly $5 a transaction.

Valley bank customers also have among the highest overdraft fees in their checking accounts, averaging more than $34.

Nationally, the report finds the percentage of banks offering free non-interest checking to all customers is down from 76 percent in 2009, to only 37 percent today.

Phil Latzman is an award-winning digital journalist and broadcast professional with over 25 years of experience covering news and sports on a multitude of platforms.