Palmer Quamme

Palmer Quamme

Cooley LLP

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NYDFS Proposes Limits on Overdraft and NSF Fees

On January 22, 2025, the New York State Department of Financial Services (NYDFS) announced proposed regulations that would limit fees associated with overdrafts, nonsufficient funds (NSF) transactions and returned deposit...more

2/7/2025  /  Banking Sector , Consumer Financial Protection Bureau (CFPB) , Fees , Financial Institutions , Financial Services Industry , NYDFS , Overdraft Fees , Proposed Rules
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