Bank of America announced it will reduce the price of overdraft fees. Starting in May, the company said the price of an overdraft fee will go from $35 to $10. The bank also plans to eliminate ...

Bank of America, the second largest bank in the United States, announced that policy changes enacted earlier in the year have shown a recent drop in overdraft fees by 90 percent. The bank announced on ...

The bank said that these changes will lead to overdraft fees being reduced by 97% from 2009 levels. “Over the last decade, we have made significant changes to our overdraft services and solutions, ...