The Consumer Financial Protection Bureau has finalized a rule that curbs excessive overdraft fees charged to customers of large banks and credit unions, potentially saving consumers as much as $5 ...

Charge a flat overdraft fee of $5 Cap the fee at an amount that covers their costs and losses Charge any fee, but disclose the terms of the overdraft loan to customers the same way they would for ...

“Excessive overdraft fees have saddled hardworking Americans ... first announced in January as part of President Joe Biden’s ...

The rule, unveiled Thursday, would cap overdraft fees at $5 — a substantial savings from the $35 that customers are typically charged. In total, households that pay overdraft fees could save ...