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2. Overdraft fees crackdown: Biden administration sets new ... - AOL

   www.aol.com/overdraft-fees-crackdown-biden...

   The Consumer Financial Protection Bureau has finalized a rule that curbs excessive overdraft fees charged to ... 2024 at 8:25 AM. ... An overdraft fee is charged when the bank or credit union ...

3. Tired of overdraft fees? A new Biden administration rule ...

   www.aol.com/tired-overdraft-fees-biden...

   Many large banks voluntarily reduced or eliminated overdraft fees in 2021 and 2022, under pressure from lawmakers and regulators. The average overdraft fee peaked at $33.58 in 2021 , according to ...

4. Overdraft fees would be slashed under new Biden ... - AOL

   www.aol.com/news/overdraft-fees-slashed-under...

   In California, state data show that some credit unions generate more than half their net income from overdraft fees. A view of the U.S. Consumer Financial Protection Bureau in Washington, D.C., on ...

5. The Biden Administration is ‘cracking down’ on banks by ...

   www.aol.com/finance/biden-administration...

   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 ...

6. 11 pesky bank fees and how to avoid them - AOL

   www.aol.com/finance/11-pesky-bank-fees-avoid...

   The average overdraft fee is $27.08, Bankrate’s 2024 checking and ATM fee survey found. Making purchases with a credit card, instead of a debit card, can be a way to avoid overdraft fees.

7. Savings interest rates today: High-yield accounts still offer ...

   www.aol.com/finance/savings-interest-rates-today...

   At the conclusion of its seventh and penultimate rate-setting policy meeting of 2024 on November 7, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...

8. Bank junk fees: Who gets hit and which institutions are the ...

   www.aol.com/bank-junk-fees-gets-hit-180000970.html

   Consumer complaints against big-bank junk fees are rising and federal regulations are in the works, including new rules to limit checking overdraft penalties and credit card late fees.

9. Savings interest rates today: Protect your hard-earned money ...

   www.aol.com/finance/savings-interest-rates-today...

   At the conclusion of its third rate-setting policy meeting of the year on May 1, 2024, the Federal Reserve left the federal funds target interest rate at a 23-year high of 5.25% to 5.50%, marking ...