CFPB touts efforts to measure impact of FIs overdraft programs

The CFPB published a blog post Thursday regarding overdraft and non-sufficient fund (NSF) fees. The post describes the bureau’s supervisory efforts toward financial institutions “with a higher share of frequent over drafters or a higher average fee burden for overdrafts.”

Specifically, the post highlights the five consumer-impact metrics that the bureau has started asking financial institutions, including:

  • the total annual dollar amount consumers receive in overdraft coverage compared to the amount of fees charged;
  • the annual dollar amount of overdraft fees charged per active checking account;


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