Tag: Overdraft Fees
Bankers fight to overturn rule on overdraft fees
A proposed banking regulation that one federal agency says will save Americans $5 billion a year in overdraft fees is facing strong opposition from...
Navigant makes changes to fee policy on overdrafting accounts
SMITHFIELD – Navigant Credit Union, the state's largest credit union, says it has eliminated or reduced the fees for overdrafting accounts.
The new fee structure...
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...
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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