ABA, Groups: CFPB Overdraft Survey Plan Is Incomplete

ABA and four other trade groups representing banks and credit unions today called on the Consumer Financial Protection Bureau to release and accept comments on a draft survey as part of its proposed study of overdraft protection services. The bureau said it planned to conduct a survey of 8,000 individuals but did not release the draft survey with its proposal as federal guidance requires. For more information, contact ABA’s Jonathan Thessin.