It’s likely financial institutions can all agree that regulators have elevated the importance of overdraft fees in their examination scopes. They don’t like how depository institutions charge them, when they charge them, how much they charge for them, and sometimes even how they are defined. Regulators dislike the fees so much that institutions now have to be concerned whether the amount of fees and how they are charged could be considered a UDAAP issue in a regulator’s opinion. No institution wants that kind of negative publicity.
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