Who really uses overdraft services and how financial reform puts community banks and credit unions at risk.
Our new Pinnacle Paper is a myth-busting analysis and a must-read for every community bank and credit union executive. In data from more than 1.4 million checking accounts, we found that:
- Consumers who make deposits of more than $50,000 per year use overdraft services the most
- Restricting or eliminating overdraft programs will hurt low-income consumers the most
- An ABA survey found that 96% of those who paid an overdraft fee were "glad the payment was covered."
Find out the truth about finanancial reform and overdraft programs.
Fill out the short form to download our complimentary white paper.