Overdraft fees have become major revenue source for banks
Most banks and credit unions cover customers’ checks that exceed the amount of money in their accounts and charge a "courtesy” overdraft fee. What they don’t tell customers is that those fees have become a major revenue source for many financial institutions.
Since 2005, the national average for overdraft fees has jumped from $27.04 for each instance to $28.95, according to Bankrate.com . U.S. ...
You have selected to view an article that is older than 60 days. There are several ways to unlock access to NewsOK historical content.
Please sign in. (You might already have access)
If you are a print subscriber to The Oklahoman, activate your Digital Pass for free access.
Purchase any of The Oklahoman's digital products (digital replica, archives, iPad and smartphone apps), and access to historical NewsOK content is free.
Please sign in. (You might already have access)
If you are a print subscriber to The Oklahoman, activate your Digital Pass for free access.
Purchase any of The Oklahoman's digital products (digital replica, archives, iPad and smartphone apps), and access to historical NewsOK content is free.
