Reports

Megabanks Raked in Billions in Overdraft Revenue as the CFPB Unveils Fee Crackdown

Economic Security and Corporate Power
January 9, 2024

Today, government watchdog Accountable.US released new analysis detailing the excessive profits banks have collected through overdraft and nonsufficient funds fees (NSF), and ongoing efforts from the financial industry to combat the Consumer Financial Protection Bureau’s cost-lowering junk fee initiatives.

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