People of color are paying more than twice the amount in banking fees than White Americans, a Bankrate survey found. When asked about fees such as ATM, overdraft and routine service charges, Black adults report shelling out an average of $12 a month for checking accounts at banks or credit unions and Hispanics are paying $14 a month, on average. White checking account holders said they are paying an average $5 per month, according to the survey, which was conducted by YouGov. For minority communities, the disparity in bank fees are indicative of the inequality they have faced for years, suggested John Holdsclaw IV, board chair of the Coalition of Community Development Financial Institutions. CDFIs are credit unions, banks, microloan funds or venture capital providers that provide low-income communities access to financial services.