Why are Banks Cutting Overdraft Fees?
Huntington announces sharp reduction in fees as industry focus shifts
2 min readMar 9, 2022
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Columbus, Ohio-based Huntington Bancshares announced this week it will cut the cost of an overdraft fee by about 60% starting in April. The bank also plans to reduce the fee it charges when a customer’s transaction is rejected due to insufficient funds. Both fees will go from a…