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2 California cities to fight ruling on bank ATM fees

SHARE 2 California cities to fight ruling on bank ATM fees

SAN FRANCISCO — Officials in San Francisco and Santa Monica say they will appeal a federal judge's ruling that strikes down voter-approved bans on extra ATM fees charged by banks to non-customers.

U.S. District Judge Vaughn Walker ruled Friday that only the federal government could impose such restrictions.

San Francisco officials had argued that the Electronic Funds Transfer Act governing ATM use allowed the city to enact consumer protection measures, including the right to regulate fees.

"I think the intent of federal law is to allow consumers to protect themselves from exorbitant ATMs fees," San Francisco City Attorney Louise Renne said.