Policy & Legislation
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- Comment: Proposed FDIC Survey of Overdraft Loan Programs
October 16, 2006
Proposed FDIC Survey of Overdraft Loan Programs
- Banks in California cannot deduct overdraft fees from Social Security benefits
January 19, 2006
CRL's amicus briefs in support of the plaintiff class in Miller v. Bank of America. CRL argues that California law concerning banks' set-off powers forbid banks from deducting overdraft fees from public benefit payments, including Social Security benefits, and this law is not preempted by the National Bank Act or regulations issued by the Office of Comptroller of the Currency. The trial court entered a verdict in favor of the plaintiff class; CRL participated in this case before the California Court of Appeals, First Appellate Division, and the California Supreme Court.
- Require TILA Disclosures For Overdraft Loans
June 14, 2004
CRL ask the FED to put overdraft loans under the Truth in Lending Act under the grounds that they are an extension of credit.