Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer Financial Protection Bureau. Rohit Chopra, the director of the government ...
Several large U.S. banks reported an uptick in overdraft-related income for the first three quarters of 2025. Economic ...
The Consumer Financial Protection Bureau (CFPB) on Thursday issued a rule to limit bank and credit union lending fees that it says will save consumers $5 billion annually. The rule, which applies to ...
SAN FRANCISCO--(BUSINESS WIRE)--Leading consumer financial technology company, Chime ®, the #1 Most Loved Banking App 1, announced today that its fee-free overdraft feature, SpotMe 2, has covered its ...
A mere four months ago, the Biden administration capped bank overdraft fees at $5. There was just one catch: The cap wouldn’t take effect until October. It now appears the cap will never take hold.
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