A new rule that caps overdraft fees at $5 is being challenged by banks who argue that it exceeds the government's authority.

The Consumer Financial Protection Bureau just published a final rule that could cap overdraft fees at $5. Find out what that ...

Banking groups said they plan to sue the federal Consumer Financial Protection Bureau for adopting a rule that would limit ...

Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits ...

The U.S. watchdog agency for consumer finance on Thursday adopted new regulations capping the amount banks can charge for ...

The finalized rule applies to banks and credit unions that have more than $10 billion in assets, which includes the nation’s ...

President Joe Biden's administration has finalized a rule that limits overdraft fees banks can charge. The rule, announced on ...

The Biden administration finalized a rule that will cap overdraft fees at $5 at the largest banks and credit unions.

The Biden administration has finalized a rule that will cap overdraft fees at $5 for the largest banks and credit unions in ...

Overdraft fees happen when you spend more money than you have in your checking account, and the bank covers the difference. Historically, these fees have been a huge money maker for financial ...

Standout benefits: Capital One 360 has no monthly fees, no minimums and no overdraft fees. There are also no foreign transaction fees, so you can use your debit card outside the U.S. without ...

Now, Central State Bank, headquartered in Coralville, is being sued over its alleged practice of imposing multiple overdraft fees on single transactions. Attorneys for the plaintiff allege the ...