On April 10, 2026, the FDIC issued Financial Institution Letter (FIL)‑14‑2026 rescinding its supervisory guidance on multiple re‑presentment non‑sufficient funds (NSF) fees, effective immediately. This rescission eliminates both the 2023 [...]
Reg CC funds Availability adjustments are right around the corner! In 2019, a final rule was issued that set adjustments in the dollar amounts relating to funds availability. 2020 saw [...]
Reg CC funds Availability adjustments are right around the corner! In 2019, a final rule was issued that set adjustments in the dollar amounts relating to funds availability. 2020 saw [...]
The Federal Reserve Board and CFPB have issued a final rule amending Regulation CC to adjust for inflation dollar amounts relating to availability of funds. Back in 2019, a rule [...]
In the last two years, there has been a storm of efforts for fee reform throughout the economy. The White House, Federal Trade Commission, and CFPB have launched junk fee [...]
Last week, the Treasury Department issued a final rule to hold financial institutions liable if they pay canceled Treasury checks without waiting to receive the return information that would let [...]
This week the CFPB released guidance on how to avoid charging illegal junk fees on deposit accounts. The guidance is specifically regarding surprise overdraft fees and surprise depositor fees. The [...]
Last Friday, the FDIC approved a final rule that simplifies deposit insurance coverage for deposits held in connection with revocable and irrevocable trusts by merging these two deposit insurance categories [...]
The CFPB has updated the Electronic Fund Transfers (EFTs) Frequently Asked Questions (FAQs). Multiple Questions and Answers have been updated as of 12/13/21 (updated date is listed next to each [...]
Last Friday, the CFPB issued Electronic Fund Transfers (EFT) Frequently Asked Questions (FAQs). The FAQs address the unauthorized transfer and error resolution provisions under the Electronic Fund Transfer Act and [...]