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Lame Duck Biden Admin Issues Rule Hiding Nearly $50 Billion In Debt From Credit Reports
The lame duck Biden administration’s Consumer Financial Protection Bureau (CFPB) issued a new rule Tuesday that will hide an ...
JD Supra15h
CFPB’s “Overdraft Lending” Rule Faces Immediate Legal Challenge
What Happened? On December 12, 2024, the Consumer Financial Protection Bureau (CFPB) issued its final “overdraft lending” rule aimed at ...
Banking Exchange16h
Updates to OCC UDAAP Overdraft Disclosure Requirements
On December 3, 2024, the Office of the Comptroller of the Currency (OCC) published an updated UDAAP section of its ...
American Association of Individual Investors1d
Which Is a Better Investment, Cullen/Frost Bankers, Inc. or Independent Bank Corp. Stock?
Learn more about whether Cullen/Frost Bankers, Inc. or Independent Bank Corp. is a better investment based on AAII's A+ ...
thepricer1d
How Much Does It Cost to Open a Bank Account?
Opening a bank account can be an important step in managing your finances. But between initial deposits, monthly fees, and ...
American Banker2d
Recent CFPB rules face repeal with no return under Trump
The Consumer Financial Protection Bureau's last-minute actions are expected to annoy the incoming Trump administration, which ...
The Biden Administration is ‘cracking down’ on banks by imposing a $5 cap on overdraft fees, says Americans could save billions in ‘excessive junk fees.’ Will Trum…
Overdraft transaction charges could drop to a maximum of $5 from the current ceiling of $35 as of Oct. 1, 2025, if the ...
8 Smart Banking Resolutions You Should Keep
New Year's resolutions are easy to make in January, but will they still be in place by the end of December? The nice thing about financial resolutions is you can take actions in January that ...
New California law limits overdraft fees at banks supervised by the state
“If you get hit with a fee for overdrawing your account of $30 or more, that’s a big impact, particularly for people who ...
How California aims to bring savings and transparency to consumers in 2025
The state is trying to ease Californians' burden by eliminating overdraft fees and medical debt from credit reports.
JD Supra8d
Regulatory Update: Final Rule on Courtesy Overdraft Services
We previously posted an article about a proposed rule that could drastically affect the courtesy overdraft services offered ...
Crooks and Liars8d
If They Get Their Way, CFPB To Drop Bank Overdraft Fees To $5
The limit on fees that banks and credit unions impose on clients whose account balances are insufficient to cover transactions would save U.S. consumers $5 billion every year, the federal agency said ...