Massachusetts community banks could lose one-third of their customers if big-bank competitors impose automated teller machine surcharges, a survey suggests.

As Massachusetts lawmakers mull legislation that would ban ATM fees entirely, the study found that 33% of Bay State community bank customers would probably switch to a bank with more ATMs if fees were assessed.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.