STAMFORD, Conn., Oct. 19 (UPI) -- U.S. Senate Banking Committee Chairman Chris Dodd, D-Conn., Monday unveiled legislation to rein in bank overdraft fees.
CHARLOTTE, N.C., Sept. 23 (UPI) -- U.S. banking giant Bank of America said it would revamp its overdraft policy, lowering fees and offering customers a chance to opt out of overdraft coverage.
WASHINGTON, Sept. 21 (UPI) -- Sen. Christopher Dodd, D-Conn., is preparing a bill to prevent U.S. banks from hitting clients with overdraft charges without their permission.
WASHINGTON, Aug. 4 (UPI) -- Customers least able to afford courtesy overdraft fees at credit unions are paying the most for the programs, industry researchers said.
MANCHESTER, N.H., July 15 (UPI) -- A New Hampshire man said he was shocked to check his bank account statement online to find his account overdrawn by more than $23 quadrillion dollars.
CHARLOTTE, N.C., April 15 (UPI) -- U.S. financial giant Bank of America Corp. said it was abandoning plans to raise overdraft fees in light of the current economic environment.
WASHINGTON, Dec. 3 (UPI) -- A Federal Deposit Insurance Corp. survey found that young and poor depositors were hit with the majority of overdraft fees by U.S. banks.
NEW YORK, Aug. 4 (UPI) -- Some U.S. banks are charging overdraft fees before accounts are technically overdrawn, sources said.
NEW YORK, June 18 (UPI) -- Overdraft fees at U.S. banks have reached an annual total of $17.5 billion a year, the Center for Responsible Lending said.
LONDON, April 24 (UPI) -- A judge in Britain has ruled against British banks in a case involving overdraft charges, the British Broadcasting Corp. reported Thursday.