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Truist joining other big banks in cutting down overdraft fees

The bank is also eliminating bounced-check fees.

CHARLOTTE, N.C. — Truist Bank says it is reducing its overdraft fees. It’s the latest big bank to announce a substantial overhaul of overdraft policies that often impact the most vulnerable customers. 

RELATED: $35 overdraft fees are finished at Bank of America

The North Carolina-based bank plans to roll out a new checking account this summer that will have a $100 buffer for customers who spend more than they have in their accounts. It will also create a line of credit for those who need to go further into negative territory. 

The bank is also eliminating bounced-check fees.

WCNC Charlotte is always asking "where's the money?" If you need help, reach out to the Defenders team by emailing money@wcnc.com.

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