Big banks and credit unions that dominate the financial landscape would only be able to charge $5 for overdraft fees or face much tighter restrictions under a final rule by regulators. Under the ...

Bank overdraft fees, pricey penalties charged to customers who overdraw their accounts, face a $5 cap under new rules released by federal regulators. The cap on bank overdrafts continues a ...

The National Credit Union Administration has issued guidance to federal credit unions regarding the consumer harm stemming from certain overdraft ...

If your bank account regularly flirts with negative balances, or you're just bad at keeping track of your debit card swipes, you've probably felt the sting of one of the banking industry's ...

The Biden administration finalized a rule that will cap overdraft fees at $5 at the largest banks and credit unions in a move that is expected to save consumers $5 billion a year if it survives ...

The rule, part of the Biden administration's push to reduce junk fees to ease the burden on consumers, caps overdraft fees at $5. President Joe Biden has said that overdraft fees, which can reach ...

By Marilyn Odendahl The Indiana Citizen January 9, 2025 Anti-poverty advocates in Indiana are hoping a new federal rule that ...

The rule is one of several efforts to attack the estimated $90 billion collected annually in "junk" fees, or hidden charges that have no relation to the costs incurred. If your bank account ...