NEW YORK — Bank of America says the revenue it gets from overdrafts has dropped 90% from a year ago, after the bank reduced overdraft fees to $10 from $35 and eliminated fees for bounced checks. The ...

Bank of America, the second largest bank in the United States, announced that policy changes enacted earlier in the year have shown a recent drop in overdraft fees by 90 percent. The bank announced on ...

The Consumer Financial Protection Bureau announced a new rule proposal that would limit overdraft fees banks charge on consumers. The rules would apply to most large banks and lenders — those holding ...

Bank overdraft reforms helped wealthier customers far more than struggling households, study finds.

WASHINGTON — Fourteen of the largest U.S. retail banks posted jumps in the income they generated from overdraft and bounced-check fees during the first nine months of the year, while two big banks ...

Overdraft protection has become Washington’s latest punching bag. Sens. Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.), and Richard Blumenthal (D-Conn.) are again criticizing banks, credit unions ...

Ally Financial reports on ways to avoid checking account fees, such as maintaining minimum balances, using direct deposits, ...