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Truist joins industry’s pivot away from overdraft fees

The nation’s sixth-largest bank will offer a $750 line of credit to customers who need short-term liquidity, and will gradually become less reliant on older accounts that charge the controversial fees. With the plans, Truist is moving in the same direction as many large and midsize banks.

Read the full article at: www.americanbanker.com

The post Truist joins industry’s pivot away from overdraft fees appeared first on LendIt Fintech News.

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