The Consumer Financial Protection Bureau (CFPB) said it has closed a loophole on overdraft fees — limiting banks’ ability to charge them and potentially saving households hundreds of dollars. The ...

Are you still paying overdraft fees? Bank of America BAC said this month that it plans to end its $35 “non-sufficient funds” fees next month, and will reduce overdraft fees to $10 from $35, starting ...

The Biden administration is proposing a new rule that could limit bank overdraft fees to as little as $3. The proposed regulation unveiled by the Consumer Financial Protection Bureau in tandem with ...

An overdrawn bank account can do a lot more damage than you'd expect, especially over time. Khanchit Khirisutchalual/ . For millions of Americans dealing with tight bu ...

Tens of millions of Americans who overdraft on their bank accounts each year may soon enjoy major relief. The government agency in charge of protecting consumers' finances introduced a new rule to ...

Why pay more for banking than absolutely necessary? Here's how to find a bank or credit union that won't take money from your ...

Good news you can actually use: many big banks cut or eliminated overdraft fees, and federal pressure has pushed the total cost of overdraft way down from a few years ago. You don’t get those savings ...

In her piece, Gensler explores a few crafty banking practices I didn’t realize existed. She shows just how easy it is for online banking customers to get whipsawed by overdraft fees. I naively thought ...

Citigroup is saying goodbye to overdraft fees, making it the biggest US bank to pledge to eliminate the controversial charges. By this summer, Citi plans to get rid of overdraft fees, non-sufficient ...

Regions Bank (RF) will pay a $7.5 million fine for improperly charging overdraft fees to hundreds of thousands of customers, a federal regulator said Tuesday. The Alabama-based bank, which has ...

Customers who opt in to bank account overdraft protection save less. June 11, 2013 — -- Many banks reap huge profits in overdraft fees by allowing customers to overdraw their checking accounts, ...

A growing focus on consumer financial health is driving both banks and regulators to change overdraft practices and rethink longstanding business models. Starting last year and picking up steam in ...