- [03:27] Out of the top 20, 12 out of 20, 60% of the larger banks have gotten rid of the NSF fee.
- [05:32] A Morning Consult study showed that about half of Americans said that overdraft fees are fair.
- [06:19] There are studies out there that show that responsibly run overdraft programs actually provide benefits to consumers that are many times the amount of the overdraft fee. 7 to 1 is the benefit that consumers receive.
- [10:28] If you are a credit union that is willing to pay items for consumers that value overdraft and not charge a monthly fee just to have an account you can really win here.