overdraft fees

Big Banks See Overdraft Fee Revenues Fall 25%

Big Banks See Overdraft Fee Revenues Fall 25%
Big Banks See Overdraft Fee Revenues Fall 25%
February 11, 2024  |  Banking

America’s three biggest consumer banks saw their overdraft fee revenues fall 25% in 2023. Get the Full Story Complete the form to unlock this article...

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CFPB Says Overdraft Fees Are Junk Fees — But Are They?
CFPB Says Overdraft Fees Are Junk Fees — But Are They?
January 17, 2024  |  Bank Regulation

Labels are popular on Capitol Hill. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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CFPB Moves to Close ‘Outdated’ Bank Overdraft Loophole
CFPB Moves to Close ‘Outdated’ Bank Overdraft Loophole
January 17, 2024  |  Bank Regulation

The White House wants to limit the overdraft fees banks can charge customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Smaller Banks Warn of ‘Significant Impact’ From CFPB’s Proposed Overdraft Fee Regulation
Smaller Banks Warn of ‘Significant Impact’ From CFPB’s Proposed Overdraft Fee Regulation
January 04, 2024  |  Bank Regulation

The calendar has barely turned to a new year — and the Consumer Financial Protection Bureau (CFPB) has already had a fair share of criticism....

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CFPB Overdraft Fee Report Slams ‘Surprises,’ but Data Shows Usefulness
CFPB Overdraft Fee Report Slams ‘Surprises,’ but Data Shows Usefulness
December 19, 2023  |  Personal Finance

Overdraft fees have been a flashpoint of contention in banking for a while. Get the Full Story Complete the form to unlock this article and...

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CFPB Finds Atlantic Union Bank Misled Customers About Fees
CFPB Finds Atlantic Union Bank Misled Customers About Fees
December 07, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has ordered Atlantic Union Bank to pay $6.2 million, saying the bank misled customers and improperly enrolled them into...

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Nearly 70% of Gen X Incur Overdraft Fees for Attempting Transactions With Insufficient Funds 
Nearly 70% of Gen X Incur Overdraft Fees for Attempting Transactions With Insufficient Funds 
December 04, 2023  |  Consumer Finance

As the economic and financial imbalances caused by the pandemic persist, access to credit has become vital for covering short-term financial needs, purchasing goods and...

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New Report Finds the Average Consumer Is Overdrawn for 9 Days
New Report Finds the Average Consumer Is Overdrawn for 9 Days
October 12, 2023  |  Consumer Finance

Present economic and financial challenges have compelled individuals from various income brackets and credit backgrounds to resort to overdrafts — a form of credit whereby...

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