Big banks and credit unions that dominate the financial landscape would only be able to charge $5 for overdraft fees or face much tighter restrictions under a final rule by regulators. Under the ...

Bank overdraft fees, pricey penalties charged to customers who overdraw their accounts, face a $5 cap under new rules released by federal regulators. The cap on bank overdrafts continues a ...

The National Credit Union Administration has issued guidance to federal credit unions regarding the consumer harm stemming from certain overdraft ...

If your bank account regularly flirts with negative balances, or you're just bad at keeping track of your debit card swipes, you've probably felt the sting of one of the banking industry's ...

The new year brings a 50-cent raise for California’s minimum wage workers, who will see their base pay increase to $16.50 an ...

President Joe Biden said the fees, which can be as high as $35, are “exploitative,” while the banking industry has lobbied extensively to keep the existing fee structures in place. The Biden ...

A giant loophole has just been closed in the banking world, saving American households an estimated hundreds of dollars per year. The Consumer Financial Protection Bureau (CFPB) has just put ...

On December 12, the Consumer Financial Protection Bureau (CFPB or Bureau) announced the finalization of its rule addressing overdraft fees. The rule targets financial institutions with more than $ ...

Journal Editorial Report: The week's best and worst from Kim Strassel, Allysia Finley and Dan Henninger. Photo: Jimin Kim/Dave Decker/Zuma Press Time is almost up for the Biden Administration ...

The rule is one of several efforts to attack the estimated $90 billion collected annually in "junk" fees, or hidden charges that have no relation to the costs incurred. If your bank account ...