town, but the distance was not
far enough for tricare to cover
the travel expenses.
by the time the couple sought
assistance, they had suffered
four back-to-back paydays when
$500 was taken by the bank to
zero overdraft funds and fees.
here are the trends that my
director reports.
banks and credit unions on a
near military basis continue to
charge large fees associated
with overdraft protection.
with an overdraft protection
plan, the bank agrees to cover
transaction despite lack of
funds in the account and takes a
fixed fee from the next deposit
from the members' account before
other transactions can take
place.
common overdraft fees range from
$25-$35 per transaction.
i mentioned earlier that i
polled all 51 of our offices,