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Bank of America agrees to settle customer class action suit for...

PROVIDENCE – Bank of America Corp. agreed this week to pay out $8 million to customers to settle a class action lawsuit that claimed...

Santander to enhance overdraft fee protection features

PROVIDENCE – Santander Bank N.A. is beefing up its overdraft fee protection policies. The bank recently announced it will eliminate its nonsufficient funds fees and...

Citizens nixes nonsufficient funds fees

PROVIDENCE – Citizens Bank customers no longer have to worry about fees charged for not having enough money in their account to cover a...

Citizens Bank announces new feature to help customers avoid overdraft fees

PROVIDENCE – Citizens Bank is the latest to join a growing number of financial institutions easing or rolling back overdraft fee policies. The Providence-based bank...
UNDER REVIEW: Terry Telesmanick, right, Centreville Bank senior vice president of bank operations, speaks with Branden Powers, retail operation supervisor, at the bank’s West Warwick headquarters. Telesmanick says Centreville is in the midst of reevaluating its services and fees, including overdraft fees.  / PBN PHOTO/MICHAEL SALERNO

Overdraft fees getting plenty of scrutiny

While banks were denounced as villains of the 2008 recession, their response to the COVID-19 crisis had some calling them heroes. The praise was based...
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