First Metrocentre Bank posts the following schedule of fees for its household and small-business transaction accounts:
(For average monthly account balances over $1,500, there is no monthly maintenance fee and no charge per check or other draft.
(For average monthly account balances of $1,000 to $1,500, a $2 monthly maintenance fee is assessed and there is a 10¢ charge per check or charge cleared.
·For average monthly account balances of less than $1,000, a $4 monthly maintenance fee is assessed and there is a 15¢ per check or per charge fee.
What form of deposit pricing is this? What is First Metrocentre trying to accomplish with its pricing schedule? Can you foresee any problems with this pricing plan?