TITLE

Overreaction or onslaught?

AUTHOR(S)
Taylor, Greg
PUB. DATE
October 2010
SOURCE
ABA Banking Journal;Oct2010, Vol. 102 Issue 10, p65
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the effect of the federal district court's ruling on the court case Gutierrez v. Wells Fargo Bank NA on the banking industry in San Francisco, California. It notes that the ruling has raised questions on existing overdraft protection programs. It states that the court's decision on Wells Fargo's reliance on a high-to-low posting order violated the California Business and Professions Code's unfair and deceptive acts and practices (UDAP) provisions.
ACCESSION #
54860141

 

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