Big change to bank fees? - Statesboro Herald

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Big change to bank fees?

Overdraft fees could drop to as low as $3 under new proposal

A customer makes a transaction at an automatic teller machine in Los Angeles in March 2023. The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest move by the Biden administration to combat fees it says pose an unnecessary burden on American consumers, particularly those living paycheck to paycheck. - photo by Associated Press

A customer makes a transaction at an automatic teller machine in Los Angeles in March 2023. The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest move by the Biden administration to com — A customer makes a transaction at an automatic teller machine in Los Angeles in March 2023. The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest move by the Biden administration to combat fees it says pose an unnecessary burden on American consumers, particularly those living paycheck to paycheck. - photo by Associated Press

NEW YORK — The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest effort by the Biden administration to combat fees it says pose an unnecessary burden on American consumers, particularly those living paycheck to paycheck.

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