ABA, state associations urge CFPB to withdraw overdraft proposal
The associations noted that if finalized, the proposal would lead many banks to stop offering—or significantly reduce access to—overdraft, depriving ...
Tag: Overdraft protection
ABA survey finds consumers satisfied with debit cards, overdraft services
Consumers are happy with their debit cards and think the government should leave the debit card payment system alone, and ...
From triple threat to total impact
Regulations' cumulative effect on basic banking services.
NCUA to require credit unions to report overdraft, NSF fees
The National Credit Union Administration is planning to require credit unions with more than $1 billion in assets to report ...
The 2024 compliance outlook
Change is the only constant and banks’ processes must be fine-tuned to detect all that happens in a rapidly-transforming regulatory ...
CFPB proposes to apply Reg Z requirements to overdraft protection at large, midsize banks
In a backdoor move to impose a de facto price cap on overdraft fees, the CFPB today proposed to apply ...
ABA: CFPB must conduct SBREFA review before overdraft, NSF fee rulemakings
The CFPB may not proceed with rulemakings on overdraft and NSF fees until it assesses the economic effects of the ...
CFPB survey examines consumers’ ability to pay overdraft, NSF fees
Most households that are frequently charged overdraft or non-sufficient fees report having difficulty paying the fees, although that figure drops ...
CFPB planning rulemaking on overdraft, NSF fees
The CFPB projects that it will issue a proposed rule this month to consider whether fees charged for overdraft services ...
Survey: U.S. consumers remain bullish on banks, supportive of overdraft programs
The new survey shows that Americans remain happy with their bank and its ability to meet their evolving financial needs.
