FDIC Says Overdraft Fees Gave Banks $2.5 Billion In First Quarter Non-Interest Income

Overdraft fees may be a gray area of finance no longer.
In a report released Wednesday (May 27), by the Federal Deposit Insurance Corp., over 600 banks reported data related to overdraft fees for the first time.

Source: www.pymnts.com

Unknown's avatar

Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

Posted in Uncategorized

Leave a comment