Thursday, November 03, 2011, 5:27 PM
WASHINGTON -- Recent college graduate Molly Katchpole has $2,200 to her name, holds down two part-time jobs -- one of them as a nanny -- and describes her financial situation as paycheck-to-paycheck.
So when Bank of America announced that it would begin charging debit card users a $5 monthly fee, Katchpole got mad and started an online petition. More than 300,000 people signed it.
And on Tuesday, the nation's second-largest bank backed down.
Now the 22-year-old is getting the credit for the end of the debit card fee.
Katchpole is a Rhode Island native who lives in Washington, where she does freelance work for a political communications firm that supports unions and other Democratic-leaning causes. She describes herself as a progressive and says she stands in solidarity with the Occupy Wall Street movement. She has a tattoo below her collarbone that reads: "Empathy."More:
http://www.cleveland.com/business/index.ssf/2011/11/part-time_nanny_helps_end_bank.html