A Bank of America logo is displayed at a branch in Palo Alto, California September 12, 2011. Bank of America revenue from overdrafts fell 90 percent after the bank cut overdraft fees from $35 to 10 $. (AP Photo: Paul Sakuma)
August 18, 2022
Bank of America says revenue it makes from overdrafts has fallen 90% from a year ago, after the bank cut overdraft fees to $10 from $35 and eliminated fees for bad checks.
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