The Consumer Financial Protection Bureau has finalized a rule that curbs excessive overdraft fees charged to customers of large banks and credit unions, potentially saving consumers as much as $5 ...
As part of an ongoing effort to combat “junk fees” charged by banking institutions, the Consumer Financial Protection Bureau ...
US Banks & Branch Offices used resources from the Consumer Financial Protection Bureau and other groups to learn about credit ...
President Joe Biden said the fees, which can be as high as $35, are “exploitative,” while the banking industry has lobbied extensively to keep the existing fee structures in place. The Biden ...
The National Credit Union Administration has issued guidance to federal credit unions regarding the consumer harm stemming from certain overdraft ...
Banks and trade groups are seeking to stop the Consumer Financial Protection Bureau's $5 overdraft fee rule from going into effect next year. Bank trade groups filed a preliminary injunction late ...
Journal Editorial Report: The week's best and worst from Kim Strassel, Allysia Finley and Dan Henninger. Photo: Jimin Kim/Dave Decker/Zuma Press Time is almost up for the Biden Administration ...
By Marilyn Odendahl The Indiana Citizen January 9, 2025 Anti-poverty advocates in Indiana are hoping a new federal rule that ...
What Is Overdraft Protection & How Does It Work? Your email has been sent Discover what overdraft protection is, how it works, and whether it’s right for you. Learn the benefits and potential ...
NEW YORK — The Biden administration has finalized a rule limiting overdraft fees banks can charge, as part of the White House’s campaign to reduce junk fees that hit consumers on everyday ...