ASB - Associated Bank to stop overdraft fees non-sufficient funds fees in Q3
In an effort to reduce the burden of overdrafts on customers, Associated Bank (NYSE:ASB) has joined a raft of U.S. lenders to end non-sufficient funds fees as well as overdraft protection transfer fees in early Q3. "The planned changes in the third quarter are expected to reduce the total burden of overdrafts to our customers by approximately 30%," the company said Thursday. Meanwhile, ASB stock is rising 3.6% in afterhours trading following stronger-than-expected Q1 results. Take a look at Associated Bank's Q1 earnings call presentation here.
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Associated Bank to stop overdraft fees, non-sufficient funds fees in Q3