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Sep
30
BB&T Overhauls Overdraft Fees – Analyst Blog
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BB&T Overhauls Overdraft Fees – Analyst Blog
Pursuant with the overdraft reforms pressed by Congress, BB&T; Corporation ( BBT ) announced changes to its overdraft fee policies. The company announced on Sept. 28, 2009 to overhaul the overdraft fees on consumers in case the account is overdrawn by less than $5 dollars. The bank also announced that it will limit the number of overdraft fees to no more than four per day. It would also offer “opt out” ability to customers who prefer that the bank decline or return any transaction on the
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