15.02.2012 [Business Insider] - ... customers of its ability to do so in the fine print of its policies. Reactivating accounts can have consequences for the customer down the road as they might not realize until later that they've been hit with overdraftfees and other charges. zombie.
16.02.2012 [Seeking Alpha] - Additionally, other federal regulations changed the ways banks are allowed to charge overdraftfees on checking accounts, costing them more money. It isn't just regulations that are taxing banks' profits. Additionally, it's hard for banks to lend money
10.02.2012 [Forbes] - JPMorgan Chase finally settled with disgruntled customers who took it to court for wrongly charging them excessive overdraftfees, making it the second major US bank after Bank of America to do so.  The $110 million settlement for JPMorgan, however
19.02.2012 [PR Web (press release)] - Payday loans should only be used in emergency situations, and are often used by borrowers to repay medical bills, unforeseen auto repair expenses, or overdraftfees. OneHourPayday.com's advice can help those in debt manage expenses and get their
13.02.2012 [American Banker] - JPMorgan Chase has tentatively agreed to pay $110 million over allegations that it charged customers excessive overdraftfees. Editors discuss the deal's importance to the other banks trying to settle overdraft claims. The nation's largest banks are
14.02.2012 [Bank Technology News] - JPMorgan Chase has tentatively agreed to pay $110 million over allegations that it charged customers excessive overdraftfees. Editors discuss the deal's importance to the other banks trying to settle overdraft claims.
19.02.2012 [Pioneer Press] - Once famous for "free checking" that was subsidized by overdraftfees, TCF continues to tinker with its formula to find the right balance. Earlier this month, the bank said it would offer customers the option of a daily overdraft fee of $28 instead of
19.02.2012 [Malaya] - There are myriad reasons people choose a prepaid debit card, but they are all predicated on the hypothetical equation that the cards will save them money over traditional checking accounts with potential overdraftfees. Yet, with these cards
18.02.2012 [PolicyMic] - But, with the help of these apps, perhaps we'll soften the blow of being kicked out of the bird's nest and onto the streets of the real world …. at least without several overdraftfees, a locked credit card and apartment lights being turned off. 1.
17.02.2012 [Kansas City Star] - The case also shows that Mack missed an on-time $1700 support payment to his estranged wife, and his bank account showed he had been overspending due to two overdraftfees totaling $175. Mack's biggest expense: a $675000 home in the Washington suburb
The funds may not be immediately available and lead to overdraftfees. Unexpected electronic withdrawals - At some point in the past the account holder may ...History - Reasons for overdrafts - United Kingdom - United States
15.02.2012 [Bizjournals.com (blog)] - 31 order approving a $1.2 million settlement between Central Pacific Bank (NYSE: CPF) and 10000 class members in a lawsuit over that bank's overdraftfees. The newspaper reports that while the amounts will vary based on the fees incurred
07.02.2012 [24/7 Wall St.] - While not breaking news at this point, there is something that is front and center in banking when it comes to overdraftfees. To many consumers, overdraftfees are simply nothing more than a tax on people who cannot fill their bank accounts with very
17.02.2012 [TCU 360] - Overdraftfees are applied to this account, but overdraft protection is available to prevent this from happening. Granted, without a monthly fee, this college account is a huge asset to students who are trying to save their money without a hand in
05.02.2012 [Credit Union Times] - The guidelines require banks to crack down on habitual users of overdrafts, such as by setting a daily limit on customer overdraftfees and offering alternative programs to consumers who overdraw more than six times in a year.
10.02.2012 [StandardNet] - Instead of focusing on overdraftfees or other punishments, he said, banks will move toward clearly stated fees for services that "protect you or save you in the long term." For instance, he said, banks could offer fee-based identity-theft protection
06.02.2012 [MyFinances.co.uk] - A new fee-free overdraft buffer has been introduced by Santander but only after the bank doubled charges on daily arranged overdraftfees on most current accounts. Tesco Bank is likely to delay plans to roll-out its launch of bank accounts until 2013
25.01.2012 [Kansas.com] - The lawsuit, in which Molina was the original plaintiff, concerned overdraftfees charged by the bank. “The bank, while admitting no wrongdoing, agreed to the settlement in order to resolve the litigation and avoid further expense,” Lyndon Wells
13.02.2012 [Hawaii 24/7 (press release)] - $4 million lower noninterest income due to lower overdraftfees due to the full year impact of Regulation E and other subsequent regulatory guidance. Net interest margin declined to 4.12% in 2011, down from 4.23% in 2010, largely the result of lower
01.02.2012 [Credit Unions Online] - He adds that the credit union will offer online banking and unlimited bill pay, in addition to lines of credit to protect the member from overdraftfees. “Basically, we have eliminated a lot of fees,” he says. Both the deposit and loan side will be