A US bank has decided to settle a class-action lawsuit and pay hundreds of thousands of dollars to current and former ...
A billion-dollar bank is facing a new class action lawsuit, accused of breaching its own customer agreement by failing to ...
Capital One, Citibank, and Ally Bank have completely eliminated overdraft fees, while others like Bank of America have reduced fees to $10. Even with these reductions, consumers paid more in overdraft ...
A Consumer Financial Protection Bureau rule to cap overdraft fees was overturned by Congress. Overdraft fees can range from $25 to $35 and disproportionately affect struggling consumers. Some ...
For the third time in a month, a firm sues challenging a bank's overdraft fees. The latest case, filed Feb. 1 in federal court in Atlanta, targets Fifth Third Bank. The other two were filed in January ...
Americans reportedly pay an average of $150 to $200 annually in bank fees. These mostly come from overdrafts and other ...
I don't know about you, but I hate the fact that banks are still charging overdraft fees in 2025. According to Motley Fool Money research, 11% of Americans paid an overdraft fee last year. That's ...
As a CEO of a consumer-focused financial institution, I have witnessed firsthand the financial strain that overdraft fees place on consumers, particularly those who are already struggling to make ends ...