Overdraft

The Latest Bank To Raise Fees

The Huffington Post | Catherine New | Posted 05.17.2012

Read More: U.S. Bank, Checking Account, Debit Card, Bank Fees, Cfpb, Overdraft Fees, Overdraft Protection, Overdraft, Financial Regulation, Money News

Another bank is raising fees. U.S. Bank is bumping up overdraft fees for all its accounts beginning June 29, the Minneapolis-based bank confirmed o...

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Bank Charges Customer $300 In Overdraft Fees

The Huffington Post | Bonnie Kavoussi | Posted 05.02.2012

Read More: Fifth Third Bank Overdraft Fees, Banks Overdraft Fees, Overdrafts, Fifth-Third-Bancorp, Fifth Third Bank Overdraft Fee, Overdraft, Fifth-Third-Bank, Fifth Third Bank, Fifth Third, Video, Fifth Third Bancorp, Bank Overdraft Fees, Overdraft Fees Fifth Third Bank, Overdraft Fees, Fifth-Third, Overdraft Fee Fifth Third Bank, Money News

Even if you signed up to receive overdraft notifications from your bank, you may still be surprised by unwelcome overdraft fees piling up against your...

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Bank Charges Customer $1,500 Behind His Back

The Huffington Post | Catherine New | Posted 04.09.2012

Read More: Stu Straus, Account Mobility, Fifth Third, Checking Account, Closed Checking Account, New Jersey, How to Close a Bank Account, Wells Fargo, Bank Fee, Overdraft, Money News

Stu Straus of West Orange, N.J., is the latest person to fall victim to a zombie bank account. According to the Star-Ledger, Straus was charged $1,...

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Catherine New

How Closed Is Your Bank Account?

HuffingtonPost.com | Catherine New | Posted 02.13.2012

Read More: JP Morgan Chase, Checking Account, Switching Banks, Cfpb, Reopen Bank Account, Bank of America, Closed Bank Account, Overdraft, Maintenance Fee, Business News

Some customers who closed bank accounts at Bank of America last fall recently received an unwelcome surprise: Their accounts reopened. Perhaps even mo...

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For the Banks, the Money Is in Overdraft Fees

Jean Ann Fox | Posted 05.25.2011

Read More: Overdraft Fees, Overdraft Protection, Bank Fees, Wells Fargo, Overdraft, Bank Overdraft Fees, Gutierrez v Wells Fargo, Business News
Jean Ann Fox

Willie Sutton is credited with saying that he robbed banks because that's where the money is. Banks know where the money is, too: overdraft fees.

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CNBC Does Not Understand How Regulation Works

Zach Carter | Posted 05.25.2011

Read More: Wells Fargo, Regulation, Hidden Fees, Cfpb, Overdraft, Cnbc, Credit Cards, Checking Accounts, Wall Street Reform, BB&T, Kelly King, Wall Street, Tricks and Traps, Steve Bartlett, Maria Bartiromo, Banks, Interest Rates, Consumer Protection, Business News
Zach Carter

You may very well find some unpleasant new fee in a banking statement this year. But it will have nothing to do with new consumer protections, regardless of what CNBC anchors tell you.

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Overdraft Protection Expires: No More Overdraft Fees Without Opting-In

Huffington Post | Adam J. Rose | Posted 05.25.2011

Read More: Fdic, Federal Deposit Insurance Corporation, Fed, Overdraft Fees, Federal Reserve, Overdraft Protection, Credit Cards, Consumer Finance, Debit Cards, Bank Rules, Overdraft, Business News

The era of the $35 cup of coffee has come to an end, for most. Unless a consumer chooses to opt-in for overdraft protection, their ATM and debit pu...

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Move Your Money to Your Local Bank? Maybe Not Yet

Rev. Bekeh Utietiang | Posted 05.25.2011

Read More: Auto Loans, Banks, National Banks, Financing, Community Banks, Car Financing, Overdraft, Business News
Rev. Bekeh Utietiang

While there may be local banks that are truly interested in building up their communities, we should not be deceived that just because it is a local bank, it is good for the community.

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And So It Begins: Text Messages Push The Limits Of New Overdraft Regulations

Jonathan B. Mintz | Posted 05.25.2011

Read More: Department of Consumer Affairs, Overdraft Protection, Overdraft, Jonathan Mintz, New York News
Jonathan B. Mintz

With the ink barely dry on overdraft reform that still has a few months before it goes into effect, we're already seeing the first wave of industry tactics to undermine these protections.

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Banks Earn $27 Billion On Debit Card Overdraft Fees

The New York Times | RON LIEBER and ANDREW MARTIN | Posted 05.25.2011

Read More: Overdraft Fees, Banks, House, Atms, Penalties, Congress, Credit Cards, Credit, Consumer Protection, Debit Cards, Regulation, Personal Finance, Senate, Overdraft, Business News

The Federal Reserve is considering requiring banks to get permission from consumers before enrolling them in overdraft programs, so that consumers lik...

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