As part of an ongoing effort to combat “junk fees” charged by banking institutions, the Consumer Financial Protection Bureau ...

Stearns Bank in Minnesota has eliminated overdraft fees as part of a broader strategy to limit the service fees it charges customers. For Stearns Bank CEO Kelly Skalicky, the smart deposit strategy ...

(NEXSTAR) – A new federal rule would cap overdraft fees at $5 beginning late next year. That would be a big drop from the 2023 average of $26, but the policy still faces legal and potential political ...

Overdraft facilities are becoming a thing of the past as mounting financial pressures, such as the cost of housing, continue to bite. An overdraft facility allows mortgaged homeowners to spend more ...

Banks and trade groups are seeking to stop the Consumer Financial Protection Bureau's $5 overdraft fee rule from going into effect next year. Bank trade groups filed a preliminary injunction late ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (NEXSTAR) – A new federal rule would cap ...