Wrongful dishonor occurs when a bank doesn't honor a valid check or draft. Understand this banking term with clear ...

NEW YORK -- The cost to overdraw a bank account would drop significantly, to as little as $3, under a proposal announced Wednesday by the White House, the latest effort by the Biden administration to ...

When you use more funds than you have in your checking, savings, or money market bank account, you can end up with a negative balance. That can lead to your bank declining future transactions. If you ...

Customers at Ally Bank will no longer be charged a $25 overdraft fee no matter what type of account they hold, the company said Wednesday. In announcing the new policy, Ally said fees for insufficient ...

In her piece, Gensler explores a few crafty banking practices I didn’t realize existed. She shows just how easy it is for online banking customers to get whipsawed by overdraft fees. I naively thought ...

Citigroup is saying goodbye to overdraft fees, making it the biggest US bank to pledge to eliminate the controversial charges. By this summer, Citi plans to get rid of overdraft fees, non-sufficient ...