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Pew continues call for checking account arbitration ban and overdraft limits

By Barbara S. Mishkin on May 18, 2015
Posted in Arbitration, Deposit Accounts, Overdrafts, Regulatory and Enforcement

In its latest report evaluating the checking account practices of the nation’s largest banks, the Pew Charitable Trusts continues to press the CFPB to write new overdraft and other rules for checking accounts.

Pew’s new report, the third report in a series, examines the practices of 45 of the nation’s 50 largest banks by deposit volume and assesses trends among the 32 banks that have been reviewed in all three studies.  … Continue Reading

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