The CFPB has proposed a long-anticipated rule targeting overdraft fees. Billed as part of its effort to rein in “junk fees,” the proposal could have a significant effect on the nature and availability ...

As part of its ongoing attack on bank fees, the Consumer Financial Protection Bureau (CFPB) has issued two proposed rules to regulate fees charged by banks: one on overdraft services, and one on ...

There's a tug of war stewing between U.S. banks and a leading national consumer group, which has proposed a significant reduction in the fees lenders can charge consumers who spend more money than ...

Consumer groups applauded the move, but banks said customers could be driven toward more expensive options such as payday loans The Biden administration said Thursday that a new rule set to take ...

The House Financial Service Committee could move Wednesday toward nullifying a rule that would cap overdraft fees that are now as high as $35. The rule, finalized by the Consumer Financial Protection ...

Have you ever come to the end of the month and not had enough money in your bank account to pay your rent or utility bill, or pay for groceries? Our customers at Citizens Saving Bank and Trust Company ...

Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits overdraft fees banks can charge. The rule is part of President Joe Biden ...

Overdraft protection has been a critical component of financial services for decades, originally instituted to provide an emergency safety net for credit union members. Since its adoption, the opt-in ...

Overdraft transaction charges could drop to a maximum of $5 from the current ceiling of $35 as of Oct. 1, 2025, if the ...

Several large U.S. banks reported an uptick in overdraft-related income for the first three quarters of 2025. Economic pressure on consumers may be to blame, some banks and industry observers say.