Jul 09 2012 - Category: Overdraft
Responsible overdraft protection programs are one of the many reasons more Americans are turning toward smaller financial institutions, such as community banks and credit unions.
Jul 06 2012 - Category: Overdraft
The Credit Union National Association cited consumer demand for overdraft protection programs in their appeal to the Consumer Financial Protection Bureau to avoid over-regulation of these services.
Jul 03 2012 - Category: Overdraft
The Consumer Financial Protection Bureau has zeroed in on overdraft protection and submitted a "Request for Information" on "Impacts of Overdraft Programs on Consumers."
Jun 25 2012 - Category: Overdraft
Lawmakers have long touted that overdraft privilege programs are predatory and prey on low-income Americans.
Jun 21 2012 - Category: Overdraft
Overdraft protection programs are in high demand by some consumers.
May 18 2012 - Category: Overdraft
Government agencies have made repeated assertions that low-income Americans are opposed to emergency cash products such as overdraft protection. But the data doesn't back that up.
May 17 2012 - Category: Overdraft
Consumers have been extremely vocal about the types of fees they will and will not tolerate from banks, as evidenced by consumer behavior in recent months.
May 16 2012 - Category: Overdraft
After years of lobbying to place additional restrictions on overdraft privilege programs, New York Representative Carolyn Maloney introduced a bill that would impose strict limits on banks' overdraft collection and disclosure procedures.
May 11 2012 - Category: Overdraft
The American Bankers Association has expressed its opposition to a new bill that would further regulate banks' overdraft privilege programs.
May 01 2012 - Category: Overdraft
Overdraft programs have been scrutinized as of late for the fees they impose on consumers.
Apr 23 2012 - Category: Overdraft
The Consumer Financial Protection Bureau is examining nine U.S. banks, including JP Morgan Chase, Wells Fargo and Bank of America, to determine if its inquiry into overdraft program compliance should go further.
Mar 28 2012 - Category: Overdraft
The debate surrounding overdraft program compliance reached a new level this week during the ABA's March Government Relations Summit.
Mar 26 2012 - Category: Overdraft
The Consumer Financial Protection Bureau's examination of overdraft program compliance among banks and credit unions has prompted many financial institutions and consumers to voice their concerns.