Part-time nanny helps end Bank of America fee

[OhioChick]

Thursday, November 03, 2011, 5:27 PM

WASHINGTON -- Recent college graduate Molly Katchpole has $2,200 to her name, holds down two part-time jobs -- one of them as a nanny -- and describes her financial situation as paycheck-to-paycheck.

So when Bank of America announced that it would begin charging debit card users a $5 monthly fee, Katchpole got mad and started an online petition. More than 300,000 people signed it.

And on Tuesday, the nation's second-largest bank backed down.
Now the 22-year-old is getting the credit for the end of the debit card fee.

Katchpole is a Rhode Island native who lives in Washington, where she does freelance work for a political communications firm that supports unions and other Democratic-leaning causes. She describes herself as a progressive and says she stands in solidarity with the Occupy Wall Street movement. She has a tattoo below her collarbone that reads: "Empathy."

More: http://www.cleveland.com/business/index.ssf/2011/11/part-time_nanny_helps_end_bank.html

[Booster]

1. I'm so proud of the young people who are involved in all of this.

They are our hopes and dreams; this young lady is a fine example.

[CaliforniaPeggy]

2. Good for her!

She is the future...

[spartan61]

3. And indirectly, Ms. Katchpole also helped

Suntrust Bank to back away from charging $5.00 per month when customers use their debit cards to withdraw their own monry. Thanks, Molly!