How do banks make money?
Publisher |
USA TODAY
Wondery
Media Type |
audio
Podknife tags |
News & Politics
Categories Via RSS |
Daily News
News
Publication Date |
Jan 15, 2023
Episode Duration |
00:14:00

Have you ever wondered how banks make money? Or why overdraft fees exist? After a listener asked, 5 Things Sunday Host James Brown got answers from USA TODAY Finance reporter Elisabeth Buchwald, Bankrate.com analyst Greg McBride, and economist Aaron Klein from the Brookings Institution.

Show notes:

checking-study.pdf">Costly Overdraft & NSF Fees Still Charged by Majority of Banks

Bureau of Consumer Financial Protection Settles With TCF National Bank

Agency: TCF National Bank tricked customers on overdraft fees

The yacht named Overdraft

Joe Biden, CFPB target junk fees, hoping to ease economic pressure on low-income families

Getting over overdraft

Bill Cooper, ex-Minnesota GOP leader and TCF Bank chief, dies

Banks that have cut or eliminated overdraft fees

Survey: Bank overdraft fees tumble to 13-year low while ATM fees are back on the rise

If you have a comment about the show or a question or topic you'd like us to discuss, send James Brown an email at jabrown@usatoday.com or podcasts@usatoday.com. You can also leave him a voicemail at 585-484-0339. We might have you on the show.

Aaron Klein on Twitter

Elisabeth Buchwald on Twitter

Greg McBride on Twitter

James Brown on Twitter

Episode Transcript available here

Also available at art19.com/shows/5-Things

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Have you even wondered how banks make money? Or why overdraft fees exist? After a listener asked, 5 Things Sunday Host James Brown got answers from USA TODAY Finance reporter Elisabeth Buchwald, Bankrate.com analyst Greg McBride, and economist Aaron Klein from the Brookings Institution. Show notes: Costly Overdraft & NSF Fees Still Charged by Majority of Banks Bureau of Consumer Financial Protection Settles With TCF National Bank Agency: TCF National Bank tricked customers on overdraft fees The yacht named Overdraft Joe Biden, CFPB target junk fees, hoping to ease economic pressure on low-income families Getting over overdraft Bill Cooper, ex-Minnesota GOP leader and TCF Bank chief, dies Banks that have cut or eliminated overdraft fees Survey: Bank overdraft fees tumble to 13-year low while ATM fees are back on the rise If you have a comment about the show or a question or topic you'd like us to discuss, send James Brown an email at jabrown@usatoday.com or podcasts@usatoday.com. You can also leave him a voicemail at 585-484-0339. We might have you on the show. Episode Transcript available here Also available at art19.com/shows/5-Things

Have you ever wondered how banks make money? Or why overdraft fees exist? After a listener asked, 5 Things Sunday Host James Brown got answers from USA TODAY Finance reporter Elisabeth Buchwald, Bankrate.com analyst Greg McBride, and economist Aaron Klein from the Brookings Institution.

Show notes:

checking-study.pdf">Costly Overdraft & NSF Fees Still Charged by Majority of Banks

Bureau of Consumer Financial Protection Settles With TCF National Bank

Agency: TCF National Bank tricked customers on overdraft fees

The yacht named Overdraft

Joe Biden, CFPB target junk fees, hoping to ease economic pressure on low-income families

Getting over overdraft

Bill Cooper, ex-Minnesota GOP leader and TCF Bank chief, dies

Banks that have cut or eliminated overdraft fees

Survey: Bank overdraft fees tumble to 13-year low while ATM fees are back on the rise

If you have a comment about the show or a question or topic you'd like us to discuss, send James Brown an email at jabrown@usatoday.com or podcasts@usatoday.com. You can also leave him a voicemail at 585-484-0339. We might have you on the show.

Aaron Klein on Twitter

Elisabeth Buchwald on Twitter

Greg McBride on Twitter

James Brown on Twitter

Episode Transcript available here

Also available at art19.com/shows/5-Things

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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