Regions Bank is accused of illegally charging “tens of millions” in surprise overdraft fees — and must now pay that money back, according to the Consumer Financial Protection Bureau. The Alabama-based ...

Ever scroll through your bank statement and get sucker-punched by a random $35 overdraft fee? You're not alone. U.S. banks raked in over $12.1 billion in overdraft fees and non-sufficient funds fees ...

NEW YORK — Regions Bank for a second time in a decade was found charging illegal overdraft fees, the government said Wednesday, in a settlement that will require the bank to repay $141 million to ...

SEATTLE — The Consumer Financial Protection Bureau (CFPB) wants to limit how much financial institutions can charge customers for overdraft protection plans. The CFPB’s proposed rule, published on ...

Dec. 12 (UPI) --The Consumer Financial Protection Bureau on Thursday announced a final rule to cut down on overdraft fees by financial institutions. According to the CFPB, the rule will close an ...

Triad consumers are set to benefit from a significant cut in bank overdraft fees — to as low as $5 per item — as part of the federal Consumer Financial Protection Bureau issuing its final rule ...

The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest move by the Biden administration to combat fees it says pose an unnecessary ...

NEW YORK — The House voted Wednesday to overturn a rule that would have limited bank overdraft fees to $5, following the Senate in moving to dismantle the regulation that the Biden administration had ...

The Consumer Financial Protection Bureau on Wednesday said it is proposing a rule that would curb excessive overdraft fees charged to customers of large banks and credit unions, potentially saving ...

A Biden-era federal rule that would have capped bank overdraft fees at $5 and was expected to save Americans billions annually was struck down Wednesday by the GOP-controlled House of Representatives ...