Bank Overdraft Fee
Banks make huge profits from overdraft fees. In 2019, the largest U.S. banks profited $11.68 billion in overdraft fees from their customers. These fees fall on the most vulnerable people the most. A small percentage of bank customers are hit with the vast majority of all overdraft fees.
An overdraft fee is allowed by law and is a fee that banks charge when a customer creates a transaction without enough money in their account to pay for that transaction. The bank pays the transaction but charges the customer a fee, often as much as $35. Even though overdraft fees are legal, banks often charge them improperly, resulting in more profits for themselves.
NSF fees, also known as non-sufficient funds fees or insufficient funds fees are similar to overdraft fees. However, in the case of an NSF fee, the bank does not pay the transaction. Rather, it declines it and charges its customer a fee.
We are actively investigating and filing lawsuits against banks for improper overdraft fee practices. Here are two of the main improper practices we are investigating:
- Overdraft or NSF fees charged when you have enough money in your account to pay for the transaction.
- Multiple NSF or Overdraft fees for a single transaction
Credit Unions also frequently engage in deceptive fee practices. Check out our page on Credit Union overdraft Fees.
Below are the 100 largest banks in the U.S. Most of them charge Overdraft and NSF fees. Let us know if your bank is charging improper fees and we can help you.
Largest 100 Banks in the US
Chase Bank Overdraft Fee
Bank of America Overdraft Fee
Wells Fargo Overdraft Fee
Citi Bank Overdraft Fee
US Bank Overdraft Fee
Truist Overdraft Fee
PNC Bank Overdraft Fee
TD Bank Overdraft Fee
The Bank of New York Mellon Overdraft Fee
Capital One Overdraft Fee
Charles Schwab Bank Overdraft Fee
Marcus by Goldman Sachs Overdraft Fee
State Street Bank Overdraft Fee
Fifth Third Bank Overdraft Fee
HSBC Overdraft Fee
Citizens Bank Overdraft Fee
KeyBank Overdraft Fee
Huntington National Bank Overdraft Fee
Morgan Stanley Overdraft Fee
Northern Trust Company Overdraft Fee
Ally Bank Overdraft Fee
First Republic Bank Overdraft Fee
Silicon Valley Bank Overdraft Fee
BMO Harris Bank Overdraft Fee
Regions Bank Overdraft Fee
M&T Bank Overdraft Fee
Morgan Stanley Trust Overdraft Fee
Union Bank Overdraft Fee
American Express National Bank Overdraft Fee
USAA Bank Overdraft Fee
Discover Bank Overdraft Fee
Bank of the West Overdraft Fee
Signature Bank Overdraft Fee
Santander Bank Overdraft Fee
UBS Bank Overdraft Fee
Comerica Bank Overdraft Fee
First Horizon Bank Overdraft Fee
Zions Bank Overdraft Fee
City National Bank Overdraft Fee
Synchrony Bank Overdraft Fee
East West Bank Overdraft Fee
New York Community Bank Overdraft Fee
First Citizens Bank Overdraft Fee
Synovus Bank Overdraft Fee
CIT Bank Overdraft Fee
Western Alliance Bank Overdraft Fee
BOK Financial Overdraft Fee
Frost Bank Overdraft Fee
CIBC Bank Overdraft Fee
Deutsche Bank Overdraft Fee
Valley Bank Overdraft Fee
South State Bank Overdraft Fee
First National Bank of Pennsylvania Overdraft Fee
TIAA Bank Overdraft Fee
UMB Bank Overdraft Fee
Prosperity Bank Overdraft Fee
BankUnited Overdraft Fee
Texas Capital Bank Overdraft Fee
Pinnacle Bank Overdraft Fee
Pacific Western Bank Overdraft Fee
Raymond James Bank Overdraft Fee
Associated Bank Overdraft Fee
Webster Bank Overdraft Fee
Commerce Bank Overdraft Fee
MidFirst Bank Overdraft Fee
Umpqua Bank Overdraft Fee
Sterling National Bank Overdraft Fee
Sallie Mae Bank Overdraft Fee
Barclays Overdraft Fee
Bancorp Overdraft Fee
United Bank Overdraft Fee
Flagstar Bank Overdraft Fee
Investors Bank Overdraft Fee
FirstBank Overdraft Fee
Bank of the Ozarks Overdraft Fee
Arvest Bank Overdraft Fee
Fulton Bank Overdraft Fee
First National Bank of Omaha Overdraft Fee
First Hawaiian Bank Overdraft Fee
Old National Bank Overdraft Fee
Simmons Bank Overdraft Fee
Bank of Hawaii Overdraft Fee
Ameris Bank Overdraft Fee
FirstBank Overdraft Fee
Pacific Premier Bank Overdraft Fee
Glacier Bank Overdraft Fee
City National Bank Overdraft Fee
Atlantic Union Bank Overdraft Fee
WaFD Bank Overdraft Fee
Customers Bank Overdraft Fee
Cathay Bank Overdraft Fee
First Interstate Bank Overdraft Fee
United Community Bank Overdraft Fee
Mechanics Bank Overdraft Fee
Cadence Bank Overdraft Fee
Independent Financial Overdraft Fee
Columbia Bank Overdraft Fee
Centennial Bank Overdraft Fee
Bank of Hope Overdraft Fee
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