Banks Waive Fees in Wake of Hurricane Sandy


In every crisis there's a PR opportunity, and some major banks are suspending various fees while their customers are recovering from Hurricane Sandy.

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Of course, the gesture coincides with many bank retail outlets having to shutter their own doors against the storm.

Barclays and Wells Fargo are both offering relief from late fees for October 29, when Sandy hit the east coast, through Nov. 1.

Wells Fargo is also suspending out-of-network ATM fees in the states most affected, while Barclays is also waiving cash-advance fees.

Citibank, Chase and TD Bank were reported to have offered similar waivers.

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