In a new surge of bank and ATM fees, a study has shown that it now costs an average of $4.35 for a person to get their own money from an out of network ATM. Over the past year, these fees for withdrawing money from an ATM not associated with your bank have risen 5%, partially in part to people actively avoiding withdrawals away from their own banks. When people avoid the ATM fee it causes banks to lose money, so they have had to raise these rates 23% over the past five years.
I think that these ATM fees are becoming somewhat redundant in a way. While there is an understandable transfer fee for getting money from a different bank, these fees are turning into a source of revenue for the banks. Originally, banks created ATMs to cut down on the amount of teller salaries they had to pay out, so they saved money and continue to save in this way even today. With these added fees, banks are making money off of an endeavor that was not originally meant for profit.
http://money.cnn.com/2014/09/29/pf/atm-fees-rise/index.html?hpt=hp_t2
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