Browsing: overdraft

House Financial Services Committee Chair French Hill, R-Ark.Bloomberg News House Financial Services Committee Chair French Hill has released a discussion draft of a joint resolution that…

WASHINGTON — As regulatory pressure on fees accelerates, LAFCU said it would lower its overdraft and nonsufficient fund fees to 99 cents, down from $32. “By reducing…

Consumer Financial Protection Bureau Director Rohit ChopraBloomberg News The incoming Trump administration could face an early political dilemma if it seeks to kill the Consumer Financial…

Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023.Tom Williams | Cq-roll Call, Inc. | Getty ImagesThe…

The Consumer Financial Protection Bureau is set to release a final rule capping overdraft fees at $5 for the largest banks.Under a final rule to be…

The Consumer Finance Protection Bureau levied its largest-ever fine on a credit union Thursday, sanctioning Navy Federal in Vienna, Virginia, for what it termed “illegal surprise”…

Key takeaways An overdraft fee is charged when you don’t have enough money in your bank account to cover a debit — the average charge is…