The CFPB Takes Aim at Overdraft Fees
Troutman Sanders
DECEMBER 22, 2021
The first indicated that in 2019 alone, overdraft and other nonsufficient fund fees generated over $15 billion in revenue for consumer banks, with large banks (those with assets over $10 million), collecting three-quarters of the total revenue reported. 3] See Consumer Prot. 1, 2021), [link].
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