N.Y. Financial Services Dept.: Protecting Consumers - Governor Hochul Cracks Down on Exploitative Overdraft Fees Targeting Low-Income New Yorkers
January 24, 2025
January 24, 2025
ALBANY, New York, Jan. 24 -- The New York State Department of Financial Services issued the following news release on Jan. 22, 2025:
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Department of Financial Services Proposed New Regulations to Target Exploitative Fee Practices While Preserving Access to Overdraft Services
Part of Governor Hochul's 2025 State of the State Proposal to Protect Consumers and Keep Money in New Yorkers' Pockets
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As part of Governor . . .
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Department of Financial Services Proposed New Regulations to Target Exploitative Fee Practices While Preserving Access to Overdraft Services
Part of Governor Hochul's 2025 State of the State Proposal to Protect Consumers and Keep Money in New Yorkers' Pockets
* * *
As part of Governor . . .