Los Angeles Times

Overdraft fees would be slashed under new Biden administration rule. What you need to know

The new rule gives banks three options for overdraft fees, the simplest being to charge $5 per overdraft. The main trade group for U.S. banks opposes the rule, saying it will lead to fewer banks ...
CNN

Biden administration proposes rule that could save consumers $3.5 billion a year in bank fees

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 ...
American Banker

CFPB's overdraft proposal exempts the small banks that need it most

Experts are criticizing a proposal from the Consumer Financial Protection Bureau to cut overdraft fees for the largest banks but not smaller banks as ignoring the firms that rely disproportionately on ...
AOL

7 Ways to Avoid Overdrafts ( & 4 Types of Overdraft Protection for When You Can't Avoid It)

If you spend more money than you have in your checking account, your balance will go negative, and your bank will charge you an overdraft fee. Overdraft protection is a feature offered by many banks ...