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AmextaFinance > Finance > Banks are raking in billions from overdraft fees. Now for the good news.
Finance

Banks are raking in billions from overdraft fees. Now for the good news.

News Room
Last updated: 2023/06/01 at 3:34 PM
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Banks continue to rake in billions of dollars from overdraft fees — but they’re making far less from those charges than they used to, according to a new report.

Banks and credit unions amassed an estimated $9.9 billion in fees from overdrafts and nonsufficient funds last year, down 6% from $10.6 billion in the prior year, the Financial Health Network said in a brief Thursday based on its own survey results.

The…

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News Room June 1, 2023 June 1, 2023
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