MWA Calls on Financial Institutions to Suspend Overdraft and NSF Fees Amongst COVID-19

Online Banking using debit card

McCune Wright Arevalo, LLP, has called upon banks and credit unions to immediately suspend imposing predatory overdraft and NSF fees as consumers and small businesses struggle to keep afloat during the economic pause ensued by pandemic COVID-19.

To read the full press release click here.

While overdraft and NSF fees were a hardship for many consumers and small businesses under normal circumstances, they have become even more difficult for customers to manage during COVID-19, while the nation’s economy is at much of a standstill. In the time that the pandemic has impacted the country, most non-essential businesses have closed, resulting in layoffs and a complete loss of income for several million Americans.

Call our firm at (909) 345-8110 for more information or to report a bank or credit union’s abusive overdraft practices during this national emergency.

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