Overdraft Bank Fees: How To Avoid Them With New Fed Rules | Connecticut Watchdog


If you have a checking account, you now have a choice to make about overdraft protection.

New Federal Reserve rules require banks to receive permission from each checking account customer before the bank provides overdraft protection for ATM and debit card transactions.

The change started July 1 for new customers and takes effect on Aug. 13 for existing customers.

READ ARTICLE via Overdraft Bank Fees: How To Avoid Them With New Fed Rules | Connecticut Watchdog.

Advertisements

Comments are closed.

%d bloggers like this: