Banks slowly reconsider overdraft fees, amid public pressure

Banks slowly reconsider overdraft fees, amid public pressure

By KEN SWEET
NEW YORK (AP) — The banking industry appears to have overdone it on overdraft fees.
After decades of raking in billions of dollars from mostly poor Americans short of cash in their accounts, the biggest banks — under pressure from lawmakers and regulators — are slowly decreasing their reliance on the widely unpopular practice.
A number of large banks have taken steps this year that…

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