Under the Consumer Financial Protection Bureau rule announced Thursday, big institutions would be required to slash their overdraft fees from $25 or $35 in many cases. The CFPB said $5 is the ...

Overdraft protection is a feature offered by many banks to help you avoid these fees by covering transactions when your account is overdrawn. Overdraft fees can cost up to $35 per transaction ...

Under the finalized rule from the Consumer Financial Protection Bureau that was announced on Thursday, banks will be able to choose from three options: they may charge a flat overdraft fee of $5 ...

Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits overdraft fees banks can charge. The rule is part of President Joe Biden ...

(AP Photo/Mary Altaffer, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a ...