Sam Wilmes – Page 3 – CFPB Journal

CFPB: Overdraft revenue rebounded at small banks early this year

After seeing a 20 to 25 percent loss in overdraft/NSF fees in 2021, small banks largely rebounded early this year. Midsize and large banks have yet to recoup those numbers.

Bank of America fined $225 million

Federal regulators fined Bank of America $225 million for mishandling the distribution of pandemic unemployment dollars and other public benefits.