When bills fall due, or unexpected expenses come up, a salaried worker may not be able to wait until their next paycheck arrives to pay them. One way to head off the problem of insufficient funds is Discover Early Pay.
The two banks, which recently pushed back the deadline for their $2.6 billion merger, pledged Monday to ditch nonsufficient-funds fees, among other more consumer-friendly changes.
New York Community Bancorp (NYCB) is eliminating non-sufficient, uncollected, and unavailable funds fees on all of its consumer and business checking products as of Aug. 1, 2022