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WASHINGTON — A bill pending in Congress and proposed regulations could mean less noninterest income for credit unions.

The bill (H.R. 5224) passed by the U.S. House, as well as rules being considered by the Federal Reserve, the NCUA and the FDIC, would allow credit union members to opt out of having some or all overdrafts paid at the point of sale. Credit unions would also be banned from charging overdraft fees if the overdraft is the result of a hold on funds.

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