The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators to cap the fees, created new ways for customers to avoid the ...
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Congress overturns CFPB rule on overdraft fees
Congress recently overturned a Consumer Financial Protection Bureau (CFPB) rule that would have limited overdraft fees to $5 at the nation’s largest banks and credit unions. The rule was expected to ...
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