Survey Finds Banks Haven't Changed Overdraft Fees

from National Public Radio

Bank overdraft fees were supposed to drop after new rules went into effect last year. But a study from the Consumer Federation of America finds that at the nation's largest banks, the median overdraft fee remains $35, the same as last year. The study also finds many banks still charge customers multiple times on a single overdraft.

Broadcast Dates

• Morning Edition, August 4, 2011