It's imperative to separate the sensational misconceptions when it comes to overdraft, writes California and Nevada Credit Union Leagues President/CEO Diana Dykstra, adding that opting in to overdraft protection is a valued and worthwhile choice for many credit union members.

Members in all income brackets view these programs as a value-add service.

NSF/overdraft solution takes Best of Show Award.

CUNA strongly objects to legislation, regulation and other government intervention to restrict the ability of credit unions to offer overdraft protection plans that help members resolve short-term financial difficulties, CUNA wrote in advance of a hearing on overdraft fees.

Noninterest income takes a hit during the pandemic, finance leaders say.