On Dec. 12, the Consumer Financial Protection Bureau (CFPB) finalized a controversial rulemaking that would fundamentally alter how banks and credit unions offer overdraft services. The proposed rule ...

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 ...

New York — The squabble over billion of dollars in overdraft fees that Americans get charged every year is intensifying. The Consumer Financial Protection Bureau is expected to propose rules this week ...

Large bank overdraft fees may become a thing of the past as part of the Biden administration's push against so-called “junk fees.” The Consumer Financial Protection Bureau this week announced proposed ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Overdraft fee is a penalty banks impose when a transaction ...

UPDATE: A quote by the National Credit Union Administration in this article was changed to remove the word "deceptive." Navy Federal, the nation's largest credit union with assets totaling $181 ...