Overdraft Fees

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 Accused Of Profiting Off Customer Math Errors

The Huffington Post | Harry Bradford | Posted 05.09.2012

Read More: JPMorgan Chase, Video, Bank Fees, Todd Bowers, Consumer Financial Protection Bureau, Atms, Wells Fargo, Bank of America, Banks, Overdraft Fees, Citizens Bank, RBS Citizens, Class Action Lawsuit, Business News

Amidst debate over how much banks value clients, one among them stands accused of purposefully profiting off the math errors of its own customers. ...

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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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Citizens Bank Settles Overdraft Fee Lawsuit for $137.5 Million

The Huffington Post | Catherine New | Posted 04.26.2012

Read More: JPMorgan Chase, Prepaid Cards, Short-Term Loan, Bank of America, Overdraft Fees, Citizens Bank, Overdraft Settlement, Class Action Lawsuit, Debit Cards, Money News

Citizens Bank is the latest bank to settle in a massive class action lawsuit over dodgy overdraft fee practices. On Wednesday, the midsize New England...

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Watchdog Probing Whether Overdraft Programs Go Far Enough

Posted 04.20.2012

Read More: Dodd-Frank Act, Video, Bank Fees, Consumer Financial Protection Bureau, Financial Reform, Banks Overdraft Fees, Business News, Overdraft Fees, Overdraft Protection, Big Banks, Banks Overdraft Protection, Debit Card Fees, Business News

The top consumer watchdog is scrutinizing big banks to see if their overdraft protection policies are doing enough to keep Americans from unwittingly ...

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Bank Lets Old Woman Rack Up Astronomical Fees

The Huffington Post | Catherine New | Posted 04.06.2012

Read More: Elderly, Overdraft Fees, Webster Bank, Bounced Check, Local Banks, Big Banks, New York, Cfpb, Connecticut, Money News

So much for local banks behaving better than the big ones. Webster Bank, a regional bank with 165 branches southern New England and New York, allo...

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This Bank Is Lowering Some Fees

The Huffington Post | Khadeeja Safdar | Posted 03.14.2012

Read More: Business News, Banks, Overdraft Fees, JPMorgan Chase, Chase Bank, Checking Fees, Money News

Just as most banks are increasing fees, JPMorgan Chase is moving in a different direction. In a letter sent to customers this week, the bank announced...

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He Fought Bank Fees And Won

HuffingtonPost.com | Catherine New | Posted 03.05.2012

Read More: Zombie Bank Account, Debit Card, Bank Fees, Reopening Bank Account, Switching Banks, Overdraft Fees, Fifth Third Bank, Closing Checking Account, Money News

It was the train ticket to bank-fee hell. Three days after Taylor McKinley, 27, closed his checking account at Fifth Third Bank, an automatic $10 ...

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JPMorgan Chase Primarily Interested In Ballers, Shot-Callers

The Huffington Post | Alexander Eichler | Posted 02.29.2012

Read More: Jamie Dimon Pay, JPMorgan Chase, Video, Bank Fees, Commercial Banks, Jpmorgan, Bank of America, Commercial Banking, Interchange Fees, Overdraft Fees, Jamie Dimon, Banking Fees, Retail Banking, Financial Regulation, Debit Card Fees, JPMorgan 100K, Business News

If you've got less than a hundred grand in the bank, JPMorgan Chase is just not that into you. At a presentation to investors this week, JPMorgan e...

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Bank of America Can Charge You This Much In Fees In One Day

The Huffington Post | Catherine New | Posted 02.23.2012

Read More: Richard Cordray, Checking Accounts, Bank Accounts, Bank Fees, Class Action Lawsuits, Consumer Financial Protection Agency, Cfpb, Move Your Money, Bank of America, Overdraft Fees, Closing Bank Accounts, Debit Cards, Video, Business News

Bank of America can lift at least $140 in fees off a customer in one day if he or she doesn't have enough money in the bank. That is the high cost...

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Government Considering Cracking Down On Overdraft Fees

Reuters | Posted 04.22.2012

Read More: Video, Debit Card, Bank Fees, Dodd-Frank, Federal Deposit Insurance Corp, Reuters, Moebs Services, Overdraft Fees, Federal Reserve, Atm, U.S. Consumer Financial Protection Bureau, Business News

By Dave Clarke WASHINGTON, Feb 21 (Reuters) - The new U.S. Consumer Financial Protection Bureau is weighing a crackdown on checking a...

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Capital One Says It Won't Ruin ING Direct

HuffingtonPost.com | Catherine New | Posted 02.16.2012

Read More: Checking Accounts, Capital One, Bank Fees, Capital One ING Direct, ING Direct, Federal Reserve, Overdraft Fees, Bank Acquisition, Electric Orange, Debit Cards, Wall-Street-Deals, High-Yield Savings Account, Business News

Capital One said it won't change a thing for customers at much-beloved ING Direct, responding to consumer groups worried that its acquisition of the o...

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Overdraft Settlements Cost Banks A Small Fraction Of What's Netted In Fees

HuffingtonPost.com | Catherine New | Posted 02.07.2012

Read More: Small Print, JPMorgan Chase, Checking Account, Debit Card, Reordering, Settlement, Bank of America, Overdraft Fees, Overdraft Protection, Consumers, Transactions, Business News

When compared with the billions of dollars big banks have rung up in overdraft fees over the last decade, recent settlements with customers over unfai...

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Big Bank To Pay Millions To Settle Charges Of Excessive Overdraft Fees

Reuters | Posted 04.07.2012

Read More: JPMorgan Chase, JPMorgan Settlement, Bank-News, Jpmorgan Overdraft Fees, Banks Overdraft Fees, Reuters, Business News, Overdraft Fees, Overdraft Protection, Big Banks, Business News

* Largest U.S. bank reaches preliminary settlement * More than 30 lenders sued over overdraft fees * Bank of America $41...

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GRAPHIC: Everything You Need To Know About Bank Fees

The Huffington Post | Posted 01.28.2012

Read More: Video, Checking Accounts, Debit Fees, Bank Fees, ATM Fees, Wells Fargo, Bank of America, Overdraft Fees, Credit Unions, Business News

Don't like keeping all of your money stuffed underneath the mattress? That could cost you a pretty penny. Banks collected $29.5 billion in overdra...

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BofA Allegedly Modified Home Loans To Keep Complainers Quiet

The Huffington Post | Alexander Eichler | Posted 03.27.2012

Read More: Loan Modifications, Mortgage Modification, Countrywide Financial, Bank of America, Mortgage Crisis, Overdraft Fees, Bank of America Countrywide, Bofa, Mortgage-Backed Securities, Arizona, Housing and Urban Development, Video, Business News

In an attempt to clean up its battered image, Bank of America allegedly provided mortgage assistance to customers willing to drop complaints about the...

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Overdraft Fees Reach A New High

HuffingtonPost.com | Catherine New | Posted 01.18.2012

Read More: Debit Card, Checking Account, Bank Fees, Banks Overdraft Fees, Bank of America, Overdraft Fees, Swipe Fees, Citizens Bank, Overdraft Protection, Big Banks, Consumer Protection, Check Bounce, Debit Card Swipe Fees, Bank of America Debit Card Fees, Business News

The cost of not having enough money just got steeper. The median overdraft fee banks charge customers surged to $30 from $27.50 last year, accordi...

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Banks May Get Creative With Fees In 2012

HuffingtonPost.com | Catherine New | Posted 12.29.2011

Read More: JPMorgan Chase, Checking Account, Dodd-Frank, Bank Fees, Citibank, Bank of America, Overdraft Fees, Bank Account, Credit Cards, Fees, Big Banks, Deposit Account, Debit Cards, Business News

Squeezed by regulations under the Dodd-Frank financial reform law, banks are looking to find new ways to wring fees from customers. In 2012, expect to...

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Report: BofA To Lose Most From Overdraft Fee Rules

The Huffington Post | Jillian Berman | Posted 12.20.2011

Read More: Overdraft Fees, Regulation-E, Financial Reform, Bank-of-America-5-Debit, Bank of America Overdraft Fees, Bank of America Debit Card Fees, Bank-of-America-Overdraft, Business News

Try as they may, Bank of America just can't catch a break. In the latest BofA bad news, it appears that the bank has the most to lose from new fee...

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How Banks Get You On Overdraft Fees [GRAPHIC]

HuffingtonPost.com | Catherine New | Posted 11.22.2011

Read More: Video, B of A, Fdic, Bank Fees, Consumer Financial Protection Agency, Wells Fargo, noad_mid_article, Citibank, Bank, Bank of America, Overdraft Fees, Debit Card Fees, Business News

Under pressure from regulators and lawyers, nearly all banks have stopped the predatory practice of reordering debit-card purchases to gouge customers...

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Judge Approves $410 Million Settlement In BofA Overdraft Suit

AP | CURT ANDERSON | Posted 01.07.2012

Read More: Video, Bank-News, Business News, Bank of America, Overdraft Fees, Bank-of-America-Overdraft-Fees, Bank of America Overdraft Lawsuit, Big Banks, Lawsuit, Bank-of-America-Overdraft, Business News

MIAMI — A federal judge on Monday gave final approval to a $410 million settlement in a class-action lawsuit affecting more than 13 million Bank...

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Big Banks Still Raking In Billions From Overdraft Fees

Posted 12.21.2011

Read More: Video, Bank Fees, Business News, Overdraft Fees, Banking News, Overdraft Protection, Overdrafts, Big Banks, Debit Card Fees, Business News

Despite bank officials wailing about how financial reforms may hurt their bottom line, banks will rake in billions this year thanks to fees they're ch...

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Bank of America, Adam Smith and a Fee Market System

Adam Levin | Posted 12.09.2011

Read More: Interest Rates, Bank Fees, Dodd-Frank, Durbin Amendment, Dick Durbin, Bank of America, Interchange Fees, Overdraft Fees, Bofa, Debit Cards, Debit Card Fees, Barack Obama, Credit Card Fees, Business News

In keeping with the new Durbin-inspired trend of candor and brevity, Bank of America CEO Brian Moynihan justified the new fee by saying, "we have the right to make a profit." Translation: I think they need the dough.

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Overdraft Fees Remains Steep At Big Banks One Year After Reform

AP | By CANDICE CHOI | Posted 10.04.2011

Read More: Overdraft Financial Reform, Cfpb, Overdraft Fees, Overdraft Reform, Overdraft Protection, Consumer Protection, Consumer Overdraft, Overdraft Banks, Consumers Financial Reform, Business News

NEW YORK -- The country's largest banks are still charging steep overdraft fees. A survey released Wednesday by the Consumer Federation of America fo...

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Bank May Face Class-Action Suit From Customers For Overdraft Fees

The Huffington Post | Alexander Eichler | Posted 09.27.2011

Read More: JP Morgan Chase, U.S. Bank, BB&T, Bank of America, Overdraft Fees, Banks, Bank Customers, Overdraft Protection, Overdrafts, Class Action Lawsuit, Class Action Suit, Union Bank, Business News

In 2003, the San Francisco-based Union Bank adopted a new practice that allowed it to begin charging its customers more overdraft fees. Now, the custo...

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