Increasing fees charged to poorly rated national banks could unfairly punish institutions hurt by an economic downturn, two banking trade groups have told the government.

Writing in comment letters filed last week, the American Bankers Association and the Independent Bankers Association of America warned that a proposed surcharge has the potential to do more harm than good.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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