Bank overdraft fees, pricey penalties charged to customers who overdraw their accounts, face a cap under new rules released ...

The finalized rule, which is scheduled to go into effect in October 2025, applies to banks and credit unions with more than ...

In one of its final actions under the Biden administration, the Consumer Financial Protection Bureau issued a rule reining in ...

The rule closes a loophole that exempted overdraft fees from lending laws, but is expected to face challenges.

A rule change would take effect in October 2025 if it isn’t overturned or altered.

Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits ...

The finalized rule applies to banks and credit unions that have more than $10 billion in assets, which includes the nation’s ...

A new rule that caps overdraft fees at $5 is being challenged by banks who argue that it exceeds the government's authority.

The Consumer Financial Protection Bureau has finalized a rule that curbs excessive overdraft fees charged to customers of ...

The Biden administration has finalized a rule that will cap overdraft fees at $5 for the largest banks and credit unions in ...