Banks Collected $12 Billion in Overdraft Fees in 2025 After Congress Reversed CFPB's Fee Cap
In 2025, banks collected approximately $12 billion from overdraft and NSF fees after Congress reversed the Consumer Financial Protection Bureau’s (CFPB) decision to cap such fees at $5. The reversal led to a resurgence in bank profits from these charges, returning them to levels seen before the pandemic.
Topics: banking CFPB regulation Congress overdraft fees