Quote of the day: “We heard you”

“We heard you” was the simple message posted on Bank of America’s website today. The message continues, “We listened, and heard your feedback about our proposed debit usage fee for 2012. We will not be moving forward with any plans to charge the fee. We have not charged any Bank of America customers the debit usage fee so far, and are not moving forward with any additional plans to do so. We value our relationship with you, and remain committed to providing you with efficient, reliable and secure banking.”

Amadeo Pietro Giannini, also known as Amadeo Peter Giannini or A.P. Giannini (May 6, 1870 – June 3, 1949), born in San Jose, California, was the founder of Bank of America. He once wrote, “Serving the needs of others is the only legitimate business today.”