The overdraft decision came just months before the Dodd-Frank law halved what financial institutions could charge merchants for accepting credit and debit cards. That took away $2 billion in annual revenue from the bank.
This is why the free stuff we were so used to has vanished. Honestly, moving your money out to a community bank or credit union won't stop them (large banks) from creating new and fun ways to charge the existing customers. Repeal Dodd-Frank: step 1, reording debits from smallest to largest to minimize OD revenue: step 2. Finally, the customer has to be accountable for mistakes or blatant offenses.
