This is the list of the fifteen banks that took in the most revenue from consumer overdrafts during the first three quarters of 2015.
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“The Secrets of Overdraft: How Banks are Making Billions on Our Small Dollar Mistakes.”
Using newly published federal data, I show that banks are on pace to generate more than $10 billion in overdraft fees from consumer transaction accounts.
Generally, the biggest banks are making less on overdraft than they did just a few years ago. But Wells Fargo has managed to buck that trend.