If you haven't heard, the Federal Reserve has set out to stop unfair and deceptive practices for credit cards and banking and credit union overdraft fees. I see this as a very important step to help protect consumers (or the customer from their own bank/CU).

Here is the full proposal: http://www.ots.treas.gov/docs/7/73419.pdf
If you don't want to read the 269 pages :-), USA Today has a article/blog about it that summarizes it up: http://blogs.usatoday.com/ondeadline...eek-to-cu.html

It seems that this proposal will not go into effect until late this year, as banks are likely to appeal.