Overdraft Programs: Moving Forward With Confidence and Caution

Potter, Mike
August 2004
Community Banker;Aug2004, Vol. 13 Issue 8, p54
Trade Publication
Discusses overdraft privilege programs offered by banks to consumers in the U.S. Reasons of banks for offering overdraft privilege programs; Significance of the overdraft programs to customers; Concerns on overdraft privilege programs.


Related Articles

  • Overdraft protection safeguards reputation. Dickinson, Casey J. // Business Journal (Central New York);2/21/2003, Vol. 17 Issue 8, p9 

    Reports on the overdraft protection services of KeyBank in Syracuse, New York. Prevention from the risk of returned checks; Costs of the overdraft coverage; Advantages of the service offered.

  • Groups: Fee Nondisclosure Costly. Thomson, Amy // American Banker;6/10/2005, Vol. 170 Issue 111, p3 

    Reports that consumer advocacy groups are calling on Congress and the Federal Reserve Board to close a loophole in Truth-in-Lending rules that cost customers billions of dollars of overdraft fees each year. Report on the loophole written by the Center for Responsible Lending and the Consumer...

  • Overdraft Privilege: The Next Generation of Customer Service. Strunk, Bill // Community Banker;Jun2003, Vol. 12 Issue 6, p62 

    Focuses on overdraft protection programs offered by banks in the U.S. Benefits of overdraft services; Reason of other banks for not offering overdraft service; Factors behind the success of overdraft programs. INSET: Recommendations from America's Community Bankers.

  • Checked your checking account balance lately?  // Medical Economics;8/19/2005, Vol. 82 Issue 16, p17 

    Reports on the percentage of banks charging the customers with overdraft fees in the U.S.

  • Bank Overdraft Programs Rankle Consumer Groups.  // American Banker;5/20/2003, Vol. 168 Issue 96, p4A 

    Focuses on the agitation of consumer groups regarding the overdraft protection service offered by banks in the U.S. Allegations made by consumer advocates against banks offering the service; Benefits of the service to banks; Amount earned by the banking industry from the overdraft service in 2002.

  • Editor's Note. Kline, Alan // American Banker;5/20/2003, Vol. 168 Issue 96, p3A 

    Introduces a series of articles published in the May 20, 2003 issue of the journal 'American Banker.' Reasons for using the overdraft protection facility by customers; Benefits to banks for implementing the overdraft protection facility; Subject discussed by freelance writer Josh Brockman.

  • Use of Overdrafts Hits 14-Year Low: Report. Wack, Kevin // American Banker;9/9/2013, Vol. 178 Issue 138, p11 

    The article notes information from a U.S. survey by Moebs Services economic research firm which found the average bank or credit union consumer overdrew from their checking accounts at a rate of seven times annually as of September 9, 2013. It also found these financial institutions are...

  • Overdraft Fees Hit Young, Low-Income Consumers.  // Point for Credit Union Research & Advice;12/1/2008, p8 

    The article discusses a survey on overdraft and bank charges in the U.S. conducted by the Federal Deposit Insurance Corp. (FDIC). According to the survey, overdraft fees are boosting banks' profits at the expense of consumers, especially young and low-income people. It found that most banks that...

  • States Don't Wait for Fed To Rule on Overdraft. Thompson, Laura K. // American Banker;11/24/2003, Vol. 168 Issue 226, p1 

    Since the start of the year, the U.S. Federal Reserve has been sifting through comment letters on the topic of overdraft protection services and whether those services as currently offered by banks violate truth-in-lending laws. In the interim, some states are taking action on their own. Most...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics