A major US bank has agreed to pay hundreds of millions of dollars to settle allegations that customers were charged illegal overdraft fees for years.

Tens of millions of Americans who overdraft on their bank accounts each year may soon enjoy major relief. The government agency in charge of protecting consumers' finances introduced a new rule to ...

Seen bizarre activity on your statement from your own bank? That might be the sneaky, new bank junk fees that are really angering customers.

Congress overturned a cap on bank overdraft fees, many of which exploit the desperate need of working families for short-term credit.

Democrats are once again taking aim at dreaded bank overdraft fees. New York Congresswoman Carolyn Maloney reintroduced legislation on Wednesday that would crack down on overdraft fees, making it ...

More financial institutions are dropping overdraft fees. They're usually about $35 after running a card with no balance. Alliant Credit Union will no longer charge customers for this type of ...

(InvestigateTV) — When an account is overdrawn, consumers pay a high price. In 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule that would have required large banks and credit ...

Overdraft news: In spring 2025, both the Senate and the House voted to overturn a rule that would have limited overdraft fees to $5. The resolution — which killed the rule — was also signed by ...