For the second time in a decade, Regions Bank was found to have charged illegal overdraft fees, the government said Wednesday, in a settlement that will require the bank to repay $141 million to ...

Bank customers who use account overdrafts to tide themselves over are paying out the nose to do so, according to a new report from the Consumer Financial Protection Bureau. “Consumers often are paying ...

When you use more funds than you have in your checking, savings, or money market bank account, you can end up with a negative balance. That can lead to your bank declining future transactions. If you ...

For the second time in seven years, Regions Bank is being penalized by the Consumer Financial Protection Bureau for charging customers with allegedly illegal overdraft fees. This time, the banking arm ...

The overdraft fee is essentially a form of short-term credit. No matter how much the transaction is worth that puts the customer in a negative balance, the fee to cover the transaction is standard.

A federal judge has again ordered Wells Fargo to pay $203 million to settle class action litigation accusing it of imposing excessive overdraft fees on checking account customers, reviving an award ...

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The Consumer Financial Protection Bureau (CFPB) has announced a $122 million settlement with TD Bank for illegal overdraft enrollment practices. TD Bank will provide $97 million in restitution to ...

Are more $38 cups of coffee on the horizon? The Consumer Financial Protection Bureau has opened a review of the decade-old federal “overdraft rule,” which regulates how banks charge fees when their ...