Issues

    Posts Tagged ‘bank fees’

  • San Francisco-based bank targeted in overdraft fees suit Wednesday, July 27, 2011 � by jg

    Associated Press: Union Bank is one of dozens of financial institutions facing similar claims that they unfairly manipulated the order in which debit purchases were processed to increase overdraft fees.

  • Banks find more ways to stick their hands in consumers’ pockets Monday, November 8, 2010 � by jg

    Wall Street Journal reporter Jessica Silver-Greenberg says banks are raising minimum payments to try to force late fees, charging for credit protection insurance without permission, and attaching all kinds of fees to prepaid cards that aren’t covered by new federal regulations.

  • Overdraft fee ruling in California may affect larger lawsuit Thursday, August 12, 2010 � by jg

    San Francisco Chronicle: A California federal judge’s ruling ordering Wells Fargo to pay $203 million in a lawsuit over how the bank determines overdraft fees could have an impact on a suit in Florida involving more than 30 banks.

  • New rules don’t eliminate all astronomical bank fees Tuesday, July 6, 2010 � by jg

    Los Angeles Times: Business columnist David Lazarus reports the new rules on bank fees that took effect this month don’t apply to overdraft fees for scheduled recurring payments, while banks “remain free to enroll customers without permission in overdraft programs covering other transactions, such as payments with checks.”

  • What do banks’ new overdraft rules mean for you? Monday, June 14, 2010 � by jg

    Los Angeles Times: Kathy M. Kristoff reports on new overdraft rules for checking accounts that will go into effect in the next few weeks.

  • Class action suit filed over unfair overdraft fees Friday, April 9, 2010 � by jg

    The Missourian: The suit alleges UMB Bank has “unfairly manipulated transactions to generate more overdraft fees.”