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Suing a Bank for Overdraft Fees


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  • 3 weeks later...

I used to work at a small regional bank data center in my former life and remember when they were first introducing check guarantee cards for overdraft protection.  The VP conducting the meeting made the comment that we as employees need to encourage signing up for those cards.  His comment was 'If we can get them to use them, then we've got them.  The interest on the card loans will offset the OD charges we will lose.  We make our overhead on OD's but having these cards will encourage more spending. and higher interest payments.' 



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