U.S. President Joe Biden has announced a proposal to significantly reduce the cost of overdrawing a bank account.
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UW Credit Union Reduces All Overdraft Fees to $5
New, simplified policy aims to create more equitable banking while supporting the financially vulnerable Effective Tuesday, July 13, UW Credit Union will cut its overdraft (OD) and nonsufficient funds (NSF) fees by more than 80%, from $30 per occurrence to $5. The simplified policy creates a meaningful reduction for members and supports national shifts designed […]