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PRESS RELEASE

FOR IMMEDIATE RELEASE
Elise Brooks, (202) 589-2427

Roundtable Applauds Industry Leaders in Limiting Overdraft Fees

Washington, D.C.—September 22, 2009--The Financial Services Roundtable applauds Bank of America and JPMorgan Chase for leading the industry and setting a standard in limiting overdraft fees. Both companies recently announced measures to reduce overdraft fees and help consumers.

"In these challenging economic times, it is important to help customers maintain a healthy financial future," said Steve Bartlett, President and CEO for the Roundtable. "We applaud Bank of America and JPMorgan Chase for leading the industry to serve the consumer in the best manner possible by greatly reducing overdraft fees."

The Financial Services Roundtable represents 100 of the largest integrated financial services companies providing banking, insurance, and investment products and services to the American consumer. Member companies participate through the Chief Executive Officer and other senior executives nominated by the CEO.

Roundtable member companies provide fuel for America's economic engine, accounting directly for $84.7 trillion in managed assets, $948 billion in revenue, and 2.3 million jobs.

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