Overdrafts

The complaint alleges the lead plaintiff was charged two separate fees for the same transaction and she didn't have sufficient funds.

The Massachusetts-based institution, which will forgive more than $750,000 in fees, is the latest to come to an agreement regarding overdraft claims.

Even with fee revenue already down, Oregon-based Providence FCU has cut its overdraft fees by half. Some analysts say the move could pay off if the economy goes south.

An appeals court said that Marietta, Ga.-based institution's overdraft agreements were "ambiguous" and now the case might be settled at a trial.

While bank stocks flounder, their bonds are seen as a haven against a possible recession; the senator asks bank about overdraft fees on closed accounts.

After a news report said the bank kept alive accounts customers thought they had closed, Sen. Elizabeth Warren told acting CEO Allen Parker in a letter that Wells is "still fundamentally broken."

The St. Joseph, Mich.-based institution faced claims that it didn't properly opt members in to its overdraft program.

The new products, along a 2% cash-back credit card, are aimed at helping customers build savings and reduce debt.

Overdraft fees make up the lion's share of the $214 women pay in banking fees each year, according to a survey of users of the investing app Stash.

The lawsuit claims that the Jacksonville, Fla.-based credit union charged members multiple non-sufficient-funds fees on the same item.