CFPB reported the bank overdraft/NSF revenue down 48% in Q4 ‘22 vs. pre-pandemic in Q4 ‘19. That is about $5.5B in savings on an annual...

A dormant authority being activated by the regulator CFPB invokes the authority to examine non-bank companies. This move clearly targets...

Most US banks cap the daily # of overdraft/NSF fees to 3. Even though some could charge up to 8. The trend is to move down to 0. Source:...