Similar Stories to Bank, Whose Former Ceo Named His Boat 'overdraft,' In Hot Water Over Fees on Bing News

Turns out overdraft fees are still big money makers for some banks. So much so that the former CEO of a mid-sized bank named his boat after the fee. That's only one of the ways that bank employees celebrated the money they made from overdraft charges, according to a lawsuit filed Thursday by the...

Topics:  bank   ceo   overdraft   fees   named his boat   money   
BING NEWS:
  • Best bank accounts for overdrafts 2024
    First Direct has been named a Which? Recommended Provider once again, following our 2023 customer survey. It offers an interest-free overdraft of £250 on its standard current accounts (subject to ...
    04/2/2024 - 12:59 pm | View Link
  • Citizens Bank Bonuses: May 2024
    But you may still face other fees with this account, including overdraft charges ($35 ... entirely of Black bankers and its president and CEO, Cynthia N. Day, is a Black woman.
    05/15/2023 - 5:20 am | View Link
  • Wells Fargo Bank Review
    She is the CEO of Xaris Financial Enterprises and a ... Wells Fargo also touts the use of your Way2Save account as a method of overdraft protection for customers who also have checking accounts.
    07/30/2020 - 3:50 pm | View Link
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