TITLE

Overdraft-Rule Changes: How Some Banks Are Responding

AUTHOR(S)
Hoffman, Karen Epper
PUB. DATE
March 2010
SOURCE
American Banker;3/18/2010, Vol. 175 Issue 42, Special section p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on how banks are responding to the introduction of U.S. legislation compelling banks to have customers opt in to an overdraft program. Particular attention is given to the responses of First National Bank and Trust Co. of Beloit, Wisconsin, Bank of Kansas, and People's United Bank. Article topics include the upward pricing potential of the banking industry, consumers' attitudes towards standard maintenance fees, and adding fees to customers that don't use their debit cards.
ACCESSION #
48654004

 

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