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Is anyone exempt from making a choice regarding standard overdraft coverage?

April 26, 2017coverage exempt overdraft standard

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Is anyone exempt from making a choice regarding standard overdraft coverage?

1 Answer

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10 Posted

Business clients will continue to have overdraft coverage and will incur applicable fees. All consumer checking account customers at any bank are impacted by this new regulation. Consumers must select to continue overdraft coverage or they will no longer be covered.