Wednesday, July 19, 2017

Bank of America, PNC among 13 banks asked by senator to reveal overdraft fee practices

Bank of America Corp. (NYSE:BAC) and PNC Bank (NYSE: PNC) — two of the largest banks in the Baltimore area — were among more than a dozen financial institutions asked on Tuesday to provide more information about its overdraft fees, amid increasing scrutiny about hidden charges to consumers. In a letter sent by U.S. Sen. Cory Booker, D-N.J., to 13 different banks including Wells Fargo Corp., BB&T, Chase Bank, TD Bank, Regions Bank and Ocean Bank, institutions are asked to provide more information…



from http://www.bizjournals.com/baltimore/news/2017/07/19/bank-of-america-pnc-among-13-banks-asked-by.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/163178655682

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