WKOW 27: Madison, WI Breaking News, Weather and SportsConsumer Alert: What you need to know about overdraft fees
Member Center:
MADISON (WKOW) -- In the coming months, your bank or credit union will likely be contacting you to tell you about new rules that affect overdraft rules and fees.
The U.S. Federal Reserve posted a helpful article for bank or credit union customers that explains the new rules and how they affect consumers.
Here are some of the primary changes coming soon:
These new rules do not apply to checks.
For more information, read the article posted by the Federal Reserve by clicking here.
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Online reporting by Dan Cassuto
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