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.

A pair of consumer groups won their bid to defend the Consumer Financial Protection Bureau’s $5 cap on bank and credit union ...

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

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 ...

PolitiFact ruling: mostly false. The legislation would overturn a federal rule scheduled to go into effect Oct. 1 that would cap overdraft fees at $5 or require banks to offer overdraft protection as ...

(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 ...

If the regulation goes into effect, overdraft fees would be capped at lower levels than what some banks typically charge now. Conversely, if the Republican legislation passes, overdraft fees at some ...

A rule limiting the amount of overdraft fees that a bank can charge is on the chopping block in Washington, D.C. this week, ...

To help you protect yourself from pesky penalties, we’ve analyzed over 180 financial institutions and found the best banks with no overdraft fees. Read on to learn why we chose each bank ...

(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 ...