We've explored every angle of the issues sparked by the CFPB regarding overdrafts. Here's a look at how it's unfolded.
This page will be updated as the news develops so bookmark it.
It's just one of the many ways we at CU Times make accessing the news you want simpler.
Recommended For You
WASHINGTON
Cordray Clarifies CFPB Overdraft Intentions: During an NCUA-hosted webinar, Richard Cordray says the bureau wants credit unions to offer members more options.
CFPB to Credit Unions: Checking Reporting on Our Radar: Director Cordray says FIs may face bureau action if they do not report accurate account information to credit reporting companies.
Feds Ban Student Account Overdraft Fees: Trades express concern for how new regs, which are intended to protect student consumers, may affect credit unions.
FEATURES
8 Checking Accounts That Don't Overdraft: Check out no-overdraft account benefits, terms and fees offered by these financial institutions.
OPINION
Want Young Members? Checks Won't Cut It: If you think of overdraft reform in terms of checks, you're behind the consumer curve.
Overdraft Problem Requires Creative Solution: Fees over and above the amount needed to actually process an overdraft, plus perhaps a tiny premium, are predatory.
The CFPB Is Right About Overdrafts: Credit unions are forced to operate in a tough reality, but that doesn't make the fee solution right.
Not All Credit Union Accounts Are Live: Small credit unions can't offer overdraft-free accounts.
Credit Unions Put Their Members' Best Interests First: Credit unions are doing their part in ensuring that members are knowledgeable consumers with regard to overdraft protection.
CFPB Credit Union Compliance Checklist Grows: Poll: Has the CFPB gone too far with its recent compliance bulletin on checking accounts? Tell us in our poll.
Overdraft Lawsuit Concerns: Poll: Should credit unions be losing sleep over the recent overdraft lawsuits? Share your thoughts in our latest poll.
LEGAL
Plaintiffs in 11 suits are too different to warrant combining their cases, a judicial panel says.
Two Credit Unions Strike Back in Overdraft Suits: Kern Schools FCU and Bethpage FCU, which face class-action suits over overdraft disclosures, countersue for breach of contract.
12 Credit Unions Face Overdraft Suits: Attorneys reveal overdraft fee disclosure methods are at the center of a new wave of lawsuits.
Los Angeles Federal Credit Union Hit With Overdraft Suit: A California woman pursues a class action suit against the CU for improperly disclosing and assessing overdraft fees.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.