If you live in California and you collect Social Security, it is time to pay better attention to your account balances – because Uncle Sam has decided that the overdraft fees you “owe” the bank can be taken directly from your Social Security deposits.
Last month, the California Supreme Court unanimously overturned a billion-dollar class-action award [...]
Entries Tagged as 'insufficient funds fees'
Banks Can Access Your Social Security Deposits to Cover Overdraft Fees
July 14th, 2009 · No Comments · Banking, Consumer Info
Tags: bank of america·California supreme court decision·insufficient funds fees·Miller versus Bank of America·overdraft fees·Social Security Deposits



