Expect the CFPB to scrutinize overdrafts, payday lending, prepaid cards, auto loans and mortgage lending.
Card fees counted as income, not expenses, helped Commonwealth Utilities Employees CU grow noninterest income.
The top ROA-generating credit union in the nation has just $47 million in assets. Read how Southwest Financial FCU achieved the feat.
Study on overdrafts caused by debit transactions also finds courtesy pay services drastically increase fees paid by consumers.
Trade group urges new agency to refrain from new rules and limits on courtesy pay programs.
Most consumers want important transactions paid by their financial institution even if those transactions result in an overdraft, survey shows.