This blog post examines recent changes in overdraft and NSF fee revenues reported in call reports to understand how announced changes in overdraft policies affected these revenues
Banks and credit unions heavily rely on fees from overdrafts and non-sufficient funds transactions
A number of large banks are eliminating non-sufficient fund (NSF) fees on checking accounts, cutting total NSF fee volume by about 50%, or $1 billion, annually
People dealing with frequent overdraft fees may face a difficult and expensive uphill climb
Overdraft fees cost Americans an estimated $15
Whether you’ve had a bank or credit union checking account for a long
time, or are planning to open a new account soon, we have resources to help you
make the best decision for you
Bien sea que usted ya tenga desde hace tiempo una cuenta corriente, en
un banco o cooperativa de ahorro, o que quiera pronto abrir una nueva, contamos
con recursos que pueden ayudarle a tomar la mejor decisión
We’re releasing a report
about consumers’ experiences with overdraft programs
In order to make overdraft
disclosure more straightforward, we’ve created four possible designs for a new
disclosure form
Banks and credit unions can only charge you overdraft
fees on one-time debit card transactions and ATM withdrawals if you “opt in
