NCUA Issues Letter on Consumer Harm Stemming From Certain Overdraft, Non-Sufficient Funds Fee Practices
December 11, 2024
December 11, 2024
ALEXANDRIA, Virginia, Dec. 11 -- The National Credit Union Administration issued the following letter (No. 24-CU-03) on Dec. 10, 2024:
* * *
To: All Federally Insured Credit Unions
Subject: Overdrafts
Status: Active
Dear Boards of Directors and Chief Executive Officers:
If your credit union assesses overdraft or non-sufficient funds (NSF) fees that your members cannot reasonably anticipate or avoid, your credit union m . . .
* * *
To: All Federally Insured Credit Unions
Subject: Overdrafts
Status: Active
Dear Boards of Directors and Chief Executive Officers:
If your credit union assesses overdraft or non-sufficient funds (NSF) fees that your members cannot reasonably anticipate or avoid, your credit union m . . .