Overdraft Watch Research
SURVEY RESULTS
GETTING OVER AND
BEYOND OVERDRAFTS
If you're interested in hundreds of bankers' first-hand experiences and perspectives on what they're thinking about and planning to do regarding the changing overdraft landscape, download our most recent survey "Getting Over and Beyond Overdrafts" survey results.
Download Survey Results
Tracking OD Policy and Pricing Changes
Financial institutions of all sizes are looking at overdraft fees in a new light. Market forces and potential heightened regulatory scrutiny require OD/NSF policy changes in various forms like longer grace periods, more warning notifications, reduced or eliminated OD fees, and more.
As your FI is determining what it will do regarding overdraft fees, consider this your one-stop shop for info related to what other FIs are thinking, planning and doing about overdraft policy and pricing changes. Be sure to bookmark this page.
ACTIONS AND TIMELINE OF ANNOUNCED CHANGES
Below is a chart with links to their announcement and a timeline of these announced moves by financial institutions of all types and sizes all over the country. Our team is continuing to monitor reported OD changes by FIs and will update this page with the latest details. (When your FI has changed its OD fee policy, let us know!)
Timeline
Frost Bank (B, F, G)
Zions Bank (B, C, F, G)
New York Community Bank (A, B, F, G)
Flagstar (A, B, F, G)
Towne Bank – VA (C, F, G)
Atlantic Union Bank (B, D, G)
Langley Federal Credit Union (C, F, G)
First Financial Bank – OH (B, C, D, G)
Robins Financial Credit Union (C, F, G)
Midwest One (B, E, G)
Fifth Third Bank (B, C, E, G)
Key Bank (C, D, E, F)
Cape Cod 5 Bank (A, E)
Renasant Bank (B, E, G)
USAA (G)
Flushing Bank (A, E)
Stanford Federal Credit Union (C, F, G)
Citizens Bank (D, E, F)
Hancock Whitney Bank (A, D, F, G)
Ameris Bank (B, E, F, G)
Trustmark Bank (F, G)
Advantis Credit Union (C)
Citibank (A, C, G )
Amplify Credit Union (A, G)
M&T Bank (C, F, G)
University Credit Union (C)
First Interstate Bank (B, C, F, G)
First Citizens (C, G)
United Federal Credit Union – Michigan (C)
Truist Bank (A, E, F)
Wells Fargo (B,F)
MAX Credit Union (E, F)
Chase Bank (B, C, G)
Capital One Bank (A, G)
Westerra Credit Union (A)
Connexus Credit Union (C)
Eastern Bank (A)
Schwab Bank (A)
Santander (B)
ESL Federal Credit Union (C)
CoVantage Credit Union (A)
Affinity Credit Union (C, F)
US Eagle Credit Union (A)
Power Financial Credit Union (A)
Bank of America (C, G)
WEOKIE Federal Credit Union (C)
TIAA Bank (A)
Alliant Credit Union (A)
UW Credit Union (C)
TD Bank (D)
Ally Financial (A)
Regions Bank (G)
PNC (E, G)
First Citrus Bank (A)
Bank of America (C, G)
Huntington (B, F)
Wells Fargo (D)
Discover Bank (A)
What’s next after you make OD changes?
Your changes are going to require replacement revenue solutions. StrategyCorps can provide incredible insight into increasing consumer-friendly fee revenue to fill the gap made by your declining overdraft fee income.
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