Overdrafts

Helping your customers better meet their short-term loan needs

02/08/18

New research conducted by SourceMedia Research/American Banker and commissioned by Fiserv highlights consumers’ need and desire for better short-term lending options from their financial institutions

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Why Wells Fargo still can’t put sales scandal in rearview mirror

01/12/18

Weak loan growth, a $3.25 billion litigation accrual and other costs tied to the phony-accounts saga all added up to a messy fourth quarter for the San Francisco bank.

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‘Financial reports must have been fictional’: Comments of the week

12/21/17

Readers sound off on Mick Mulvaney’s plan to hire political appointees at the Consumer Financial Protection Bureau, question what’s behind the failure of Washington Federal Bank for Savings in Chicago, react to an argument that Equifax must endure, and more.

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D.C. misses the point about overdraft: It helps consumers

11/21/17

Legislation and regulatory policy that takes a heavy-handed view of overdraft protection could remove a safe and convenient option for consumers managing their finances.

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FDIC chief warns on looser regs; Wells cuts fee

11/15/17

Departing chairman Martin Gruenberg says the financial system is still vulnerable to unforeseen shocks; bank offers ways for customers to avoid overdraft fees.

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Wells Fargo softens overdraft policies as part of image overhaul

11/14/17

Under changes announced Tuesday, the San Francisco company will provide a one-day grace period on overdraft fees to its direct deposit customers. It also eliminated overdraft fees on all transactions of under $5.

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Lifetime achievement: Huntington's Mary Navarro

10/05/17

The financial crisis gave Mary Navarro an unprecedented opportunity to change banking for the better — and she delivered.

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Democrats push CFPB's Cordray to move on overdraft rules

09/28/17

House Democrats are lobbying for a bill to reform the way banks charge overdraft fees, but recognizing that Republicans are unlikely to take up the legislation, they are hoping the CFPB can act on its own.

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'Call me skeptical, but ...': Comments of the week

09/15/17

Readers react to Equifax's massive data breach, weigh in on the departure of SoFi's CEO, endorse a new digital identity system, and more.

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TCF wins partial dismissal of CFPB overdraft suit

09/11/17

But the Wayzata, Minn., company is not out of legal hot water, as a judge let stand some charges that it violated a provision in the Dodd-Frank Act that prohibits using deceptive practices to sell consumer products.

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