The customers’ decision to drop the lawsuit and not pursue their claims in arbitration comes as U.S. lawmakers move to do away with a rule that caps such fees.

Consumer advocates MyPath and the Mississippi Center for Justice have been allowed to intervene in a banking industry lawsuit ...

(The NCLC is part of a group that has filed a lawsuit trying to stop the ... Citi became the largest major bank to remove overdraft fees in 2022. “The recent overdraft fee rule had no bearing ...

Chase, the nation's largest consumer bank, is apparently trying to get back at the Consumer Financial Protection Bureau (CFPB), which wants to cut the overdraft fees that banks charge when ...

(The NCLC is part of a group that has filed a lawsuit trying to ... $205 million in redress. The bank still took $937 million in overdraft/non-sufficient funds fee revenue in 2023, according ...

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Last week, GOP leaders took their first step toward nixing a $5 cap on bank overdraft fees, which had provoked ... will still be able to bring lawsuits against payment apps for failing to handle ...

The American Bankers Association filed a lawsuit the ... "Without overdraft services, they can be forced to turn to worse non-bank alternatives, such as fees for late payments on essentials ...

It also means the CFPB won’t be able to bring the lawsuit ... the bank will send payment anyway (and require you to make up the difference later, plus pay an overdraft fee).