The rule announced Thursday would require big banks and credit unions to slash long criticized high overdraft fees from $25 ...

Under the new policy, banks can choose between one of three options to replace their old overdraft rate, which could have ...

Several new laws go into effect on Wednesday — and one of them could impact your wallet. The law will prevent state-chartered ...

The limit on fees that banks and credit unions impose on clients whose account balances are insufficient to cover transactions would save U.S. consumers $5 billion every year, the federal agency said ...

While the Consumer Financial Protection Bureau seeks to cap overdraft fees, banks and credit unions are fighting the effort.

The finalized rule applies to banks and credit unions that have more than $10 billion in assets, which includes the nation’s ...

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 ...

It took only one day for trade groups and banks to take legal action against the financial watchdog, which announced its ...

The CFPB rule would apply to banks with more than $10 billion in deposits. Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the ...

In December 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule that closes a loophole exempting overdraft loans ...

Discover what overdraft protection is, how it works, and whether it’s right for you. Learn the benefits and potential ...

There are a handful of consumer protection laws Californians will see in 2025. Come Jan. 1, these five bills will take effect ...