The Consumer Financial Protection Bureau terminated an order requiring NFCU to reimburse $80 million to customers.

Regulation of Charges: In the UK, the Financial Conduct Authority (FCA) has introduced reforms to make overdrafts simpler, ...

This article originally appeared on Pensacola News Journal: Pensacola news you missed: New restaurants, Navy Federal gets break on overdraft fees Navy Federal off the hook: Navy Federal Credit Union ...

The Consumer Financial Protection Bureau said Tuesday it has terminated its overdraft fee-related consent order against Navy ...

The credit union will no longer have to refund servicemen and women for illegally charging them overdraft fees.

Navy Federal Credit Union will not pay a $15 million fine or $80 million in restitution to servicemembers who were illegally ...

Overdraft fees could fall from $35 to as low as $3 under a proposed rule. Tens of millions of Americans who overdraft on their bank accounts each year may soon enjoy major relief. The government ...

The average overdraft fee was $27.08 at big banks, according to a survey released by Bankrate.com in August. That's up 1.7% from an average $26.61 for an overdraft fee in the 2023 survey.

Under the overdraft rule, large banks and credit unions would have three options when setting fees: They could charge an amount based on the cost of the service, including losses from it; they ...

Overdraft fees on a personal checking account probably don’t worry the likes of, say, Jeff Bezos. But it’s easy for the rest of us to lose track of how much money we have in our checking ...

Overdraft protection can cover the shortfall, though fees may apply. Lydia Kibet. Lydia Kibet is a freelance writer with a knack for personal finance, investing, and all things money.