'

Tag: Years

Q4 overdraft revenue fell 50% in three years, CFPB says
Banking

Q4 overdraft revenue fell 50% in three years, CFPB says

Rohit Chopra, director of the Consumer Financial Protection Bureau, said in March he was “very pleased” that banks were once again competing on overdraft fees, which he called a “good move.”Ting Shen/Bloomberg Bank overdraft revenue fell nearly 50% in the fourth quarter from three years earlier, according to new data from the Consumer Financial Protection […]