Bank Overdraft Fees on the Rise

We have kept you informed about efforts to regulate bank overdraft fees, for instance, here, here, and here. Now, the Washington Post reports that "[c]hecking account overdraft fees have jumped during the past two years, despite an effort by regulators to rein in aggressive practices by banks, according to reports by two nonprofit groups." One of the two reports was authored by the Consumer Federation of America. Its report is here and is summarized here.