First convenience bank; headquartered in Killeen reported $128 million in fees including service charges. According to the Houston Chronicle story, it also includes $91 million in overdraft fees.
According to a newspaper report; citing an analysis for S&P Global that accounting for more than 30% of operating revenue at First National Bank, the “Fees are far from industry norm”
First National Bank has branches in Walmart and H-E-B across the state. The headquarter in Killen is at 901E. Central Texas Expressway.
According to a chronicle report on Thursday, First National Bank made million$ in overdraft fees.
“Many of America’s largest banks moved to reduce and scrab the charges which consumer advocates have long said are predatory and particularly harmful to lower income customer, who incur such fees when they are already standing on the edge of the cliff”
This was cited by social-justice advocates and financial analysis.
See Also: A century of municipal bond financing
First convenience bank location
6401 NE Loop 820, North Richland Hills, TX 76180
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