BOSTON -- The nation's largest bank is raising its ATM fees and it's not just their customers feeling the pinch.

NewsCenter 5's Gail Huff reported that the Bank of America is raising fees at three-quarters of its ATM's to $3.

That's what non-customers have to pay to withdraw cash from Bank of America's ATM's and that's on top of what fee their own bank may charge.

This is the highest ATM fee of its kind ever imposed by a major bank, nationwide and consumer advocates fear the increase from $2 to $3 for cash withdrawals will encourage other banks to raise their fees as well.

Recently, many banks raised fees for other services like overdraft, late payments and when customers exceed limits on credit cards.

But consultants say banks are increasingly relying on fees as a more stable and predictable source of income than revenue tied to loans.