Consumer Financial Protection Bureau (CFPB) Launches Inquiry into Overdraft Practices

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On February 20, 2012, the CFPB launched an inquiry into checking account overdraft programs, which is being conducted through two channels – a data request that is being sent to a number of banks and a Notice and Request for Information from the public.

Author: Federal Reserve Bank of San Francisco

Date of Publication: March 1, 2012

Last Updated: March 1, 2012