This is when overdraft typically kicks in. Overdraft means that you lacked enough funds in your account to cover a transaction, but your bank still paid for the transaction and covered your ...

Newsletter sign up If a bank closes your account, it isn’t required to notify you (Image credit: Getty Images) By Becca Stanek, The Week US published November 29, 2023 ...

But if your bank happens to close your account, you likely don't care too much how many others experience the same situation. You just want to know what happens next to you and your money.

White deposited the check for $5,298 in her Chase bank account by mobile deposit. She planned to use the money to pay off some bills. Instead, Chase put a fraud hold on the check and her bank account.

For Lantinx bank account owners, the average minimum balance required to maintain an account is $231.21 higher than the requirement for whites.