CFPB’s new rule ends overdraft profits. Big banks must cap fees at $5, use cost-basis or fully disclose terms, saving US ...

The Consumer Financial Protection Bureau announced the final version of a rule limiting banks' ability to charge overdraft ...

Most U.S. bank stocks dipped in Thursday trading after the Consumer Financial Protection Bureau  finalized a rule that ...

Consumers will save up to $5 billion in bank and credit union overdraft fees each year in a reform finalized Thursday by the ...

In a final rule to be released Thursday, the Consumer Financial Protection Bureau would allow banks to either charge $5 for ...

When asked by lawmakers whether he would resign Jan. 20, CFPB Director Rohit Chopra said he serves a five-year term but that ...

Large US banks will have to cap overdraft fees at $5 — or an amount that covers their costs and losses — under a new consumer ...

The Consumer Financial Protection Bureau installed the regulation less than two months before President-elect Donald Trump ...

The rule announced Thursday would require big banks and credit unions to slash long criticized high overdraft fees from $25 ...

Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer ...

The new CFPB regulation would require large banks and credit unions to either charge just $5 for overdrafts or, alternatively, pick an amount no higher than the cost of offering overdraft protection.

The rule closes a loophole that exempted overdraft fees from lending laws, but is expected to face challenges.