A financial institution was accused of charging excessive or unfair overdraft fees that allegedly caused significant financial burden on ...
A $1 overdraft can trigger fees, negative balances, and account flags that cost far more than a dollar.
The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators to cap the fees, created new ways for customers to avoid the ...
After several years of steady declines, overdraft charges at the country's largest banks are climbing again, pulling billions of dollars from the accounts of customers who can least afford it. The ...
Democrats are once again taking aim at dreaded bank overdraft fees. New York Congresswoman Carolyn Maloney reintroduced legislation on Wednesday that would crack down on overdraft fees, making it ...
Kansas Supreme Court Justice Caleb Stegall, right, authored the high court's unanimous opinion rejecting arguments by Capitol Federal Savings Bank, headquartered in Topeka, that plaintiffs shouldn't ...
WASHINGTON - Banks will have to secure their customers' consent before charging large overdraft fees on ATM and debit card transactions, according to a new rule announced Thursday by the Federal ...
Bank fees may seem small, but can cumulatively amount to hundreds of dollars annually. Proactive steps to avoid or waive them can save money.
— -- Controversial bank account fees, which have fattened banks' bottom lines at the expense of vulnerable consumers, are rapidly becoming a black eye for the industry. Under siege are the fees ...
Stearns Bank in Minnesota has eliminated overdraft fees as part of a broader strategy to limit the service fees it charges customers. For Stearns Bank CEO Kelly Skalicky, the smart deposit strategy ...
The overwhelming majority of bank customers don’t want overdraft protection. According to one survey, 80% of debit card holders say they’d rather skip on the arrangement, in which banks allow ...