Martin & Jones, PLLC
Call today for a Free consultation.

CitiBank Agrees to Change Overdraft Policy

CitiBank recently announced a change to its overdraft policies. Beginning July 25, 2011, CitiBank will process checks from smallest to largest. Currently, most banks process checks from largest to smallest, which means that if a large check overdraws an account, then each smaller check will do so also, resulting in multiple overdraft fees. The median fee for overdrafts is $27, and many banks charge as much as $37 for each instance in which an item is processed while an account is overdrawn. The new CitiBank policy should help borrowers avoid multiple overdraft charges which disproportionately impact those living from paycheck to paycheck or on a fixed income.

No Comments

Leave a comment
Comment Information

Testimonials

Contact US Get Help Now

Send us an email or call us today at 800-662-1234 to speak with an attorney about your claim or to arrange a free consultation. It costs nothing to call and there is no obligation. In fact, we are not paid until your case is resolved. Se habla español. If you are unable to travel to one of our offices in Raleigh, Durham and Wilmington, we will meet with you at your location.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Raleigh Office
410 Glenwood Avenue
Suite 200
Raleigh, NC 27603

Toll Free: 800-662-1234
Phone: 919-821-0005
Raleigh Law Office Map

Wilmington Office
1213 Culbreth Drive
Suite 121
Wilmington, NC 28405

Toll Free: 800-662-1234
Phone: 910-256-4005
Wilmington Law Office Map

Durham Office
302 East Pettigrew Street
Suite 330
Durham, NC 27701

Toll Free: 800-662-1234
Phone: 919-544-3000
Durham Law Office Map