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  1. The bank could see customer exodus worsen when it increases current account fees for many this summer Troubled Co-op Bank is to increase the fees on some of its current accounts by 20pc this summer. The bank, which announced a £1.3bn loss earlier this month, had admitted that customers were leaving over fears for its future. It could now face a further exodus. From July 1, charges will be increased on several Co-op packaged current accounts, which provide a bundle of different insurance perks for a monthly fee. The cost of its Privilege Premier account will increase from £13 to £15. Privilege account holders will pay £11, up from £9.50.In addition, the Smilemore account – part of the bank’s Smile internet-only arm, will pay £15.50, up from £13 More: http://www.telegraph.co.uk/finance/personalfinance/consumertips/banking/10797002/Co-op-hits-customers-with-20pc-fee-increase.html
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