The Consumer Financial Protection Bureau on Wednesday said it is proposing a rule that would curb excessive overdraft fees charged to customers of large banks and credit unions, potentially saving ...

Customers at Ally Bank will no longer be charged a $25 overdraft fee no matter what type of account they hold, the company said Wednesday. In announcing the new policy, Ally said fees for insufficient ...

The Biden administration on Wednesday unveiled a new proposal aimed at cutting overdraft fees that banks charge, to as little as $3. The Consumer Financial Protection Bureau (CFPB) rule would close a ...

A Biden-era federal rule that would have capped bank overdraft fees at $5 and was expected to save Americans billions annually was struck down Wednesday by the GOP-controlled House of Representatives ...

at $5 — or an amount that covers their costs and losses — under a new consumer protection rule that Republicans vigorously oppose and swiftly drew litigation from the industry. The US Consumer ...

WASHINGTON, D.C. (WALB) - Senator Reverend Raphael Warnock released a statement, following the response to the Consumer Financial Protection Bureau’s announcement. The proposal was to close a loophole ...

After several years of steady declines, overdraft charges at the country's largest banks are climbing again, pulling billions ...

Dec. 13 (UPI) --Banking groups said they plan to sue the federal Consumer Financial Protection Bureau for adopting a rule that would limit overdraft fees. The Consumer Bankers Association, American ...

The Consumer Financial Protection Bureau has proposed to disclose overdraft fee charges on checking account statements as part of a larger inquiry into the impact of overdraft programs. The ...

High-profile hikes in checking-account fees by big banks have drawn more attention recently than overdraft charges, those sneaky debit-card fees that can add $35 to the cost of a $3 cup of coffee.