Bank of America announced it will reduce the price of overdraft fees. Starting in May, the company said the price of an overdraft fee will go from $35 to $10. The bank also plans to eliminate ...
Donald Trump, Elon Musk and the GOP want to reduce the authority of the CFPB, the agency behind a 2024 rule limiting overdraft fees. Money; Getty Images Many Americans celebrated last year when ...
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 purchases, including ...
BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Regions Bank on Wednesday announced the latest steps in the company’s long-term commitment to making banking easier while equipping customers with a growing range ...
Consumer advocates have long complained that US banks and credit unions charge exorbitant overdraft fees to vulnerable customers. Pressured by the Biden administration’s financial watchdogs, the ...
Many Americans celebrated last year when government officials announced a restriction on $35 bank overdraft fees for checking accounts. But with the change in leadership in D.C., it’s now unclear ...