For a little over a year now, banks and their regulators have exhibited an unprecedented amount of focus on non-sufficient funds (or NSF) fees charged on checks or ACH entries that are presented multiple times for payment from a consumer's deposit account that does not have a large enough balance to pay it. While these NSF fees on "re-presented" items have been charged for decades, they have become disfavored by regulators in recent years, particularly following the focus on "junk fees" by the Consumer Financial Protection Bureau (CFPB) and other federal banking regulators. Continue reading >