Overdraft fees are big business for banks in the U.S., with the Pew Charitable Trust finding the top banks charged a combined $11.6 billion in...
In an effort to stem oversight efforts that would curtail overdraft programs from lenders, the National Association of Federal Credit Unions (NAFCU) has urged that...
American Banker reported Thursday (Nov. 5) that TCF Financial may be in the crosshairs of legal action via the Consumer Financial Protection Bureau, centered on...
Under pressure from new regulations and their customers, banks are seeing overdraft frees fall and taking some of their profitability down with them. Get the...
The Consumer Financial Protection Bureau announced yesterday (April 28) that it has made its first enforcement ruling against a bank that was accused of issuing illegal...
The CFPB wants to take a closer look at overdraft fees, stating Monday (Oct, 27) that it tends to view overdraft as a form of...