OCC And CFPB Ponder Bank Dependency On Overdraft Fees And Changes To Regulatory Overdraft Service Structure

LexisNexis (December 23, 2021, 2:10 PM EST) -- On the horizon are changes to the existing federal regulatory structure for overdraft services as part of a new major reform initiative by the federal bank regulators to facilitate reform by the banking industry of its dependency on overdraft fees for profits....