Reg Q and waivers of fees

Question:

Does Reg Q or any other Reg forbid a bank from waiving monthly service charges which are imposed for failure to meet minimum balance requirements on interest bearing accounts?

Answer:

No. Only an understanding of the fact that bank management had valid reasons for establishing its pricing structure would prohibit waiving fees on accounts that would otherwise lose money.

First published on BankersOnline.com 11/17/03