{"database": "press", "table": "releases", "rows": [["https://www.sanders.senate.gov/newsroom/must-read/study-largest-us-banks-still-charge-high-overdraft-fees", "Study: Largest U.S. banks still charge high overdraft fees", "2016-12-20", "2016", "2016-12", "Independent", "House", "VT", "Bernard Sanders", "S000033", "www.sanders.senate.gov", null, null, "legacy", "Study: Largest U.S. banks still charge high overdraft fees\n\t\t\t\n\t\t\t\n\t\t\n\t\t\n\t\t\n\t\t\t By:\u00a0 Kevin McCoy \n\t\t\n\t\t\n\t\t\n\t\t\tTuesday, December 20, 2016\n\t\t\n\t\t\n\t\n\t\t\n\t\tMost major U.S. banks continue to charge high fees when customers overdraft their accounts, according to a new report issued Tuesday.\r\nMore than two out of five banks also rearrange their processing of account holders' transactions with a procedure that maximizes overdraft fees, said the report by The Pew Charitable Trusts, an independent, non-profit organization.\r\nA separate review of overdraft programs at a selection of smaller U.S. banks found many practices are largely comparable to those of larger banks, the report also concluded.\r\nSome of the findings echo previous studies of the issue, including a 2008 analysis by the Federal Deposit Insurance Corp and a Consumer Financial Protection Bureau study in 2013. The new results show a need for banks to institute new policies that prevent their widely-offered \"courtesy\" overdraft programs \"from being costly and unsustainable forms of short-term credit for many financially vulnerable consumers, said Nick Bourke, director of Pew's consumer finance project.\r\nContinue reading here.", 1, "2026-03-30T12:14:52Z", "2026-03-30T12:14:52Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://www.sanders.senate.gov/newsroom/must-read/study-largest-us-banks-still-charge-high-overdraft-fees"], "units": {}, "query_ms": 1.80259277112782, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}