Skip to main content
Back to Show
SoCal Matters

New Law Ends ATM 'Junk Fees' for Low Balances

Season 2025 Episode 290

A new California law, AB 2017, prevents banks from charging penalties when ATM withdrawals are declined for insufficient funds. Consumer advocates say these fees, often over $30, disproportionately harm low-income Californians. This law is part of a broader effort to eliminate "junk fees." Levi Sumagaysay reports for CalMatters.

Sign up now for inspiring and thought-provoking media delivered straight to your inbox.
Support Provided By
Season
New Bill Funds Phonics-Based Instruction, But Avoids Mandates
2:00
California bill funds phonics-based reading programs but avoids mandates.
Welcome to the First Fire-Resistant Neighborhood
2:00
A new Escondido neighborhood models fire-resistant housing in California.
‘Road to Repair’ Plan Reboots 16 Equity Bills
1:50
Black Caucus reintroduces 16 equity bills, steering clear of cash reparations.
Salmon Ban and Crab Fishing Restrictions Hit Coastal Fishers Hard
2:00
Salmon bans and crab fishing restrictions force fishing towns to find new income.
Where is LA's $40 Billion in Wildfire Aid?
2:00
Newsom pushes for $40B in federal aid to rebuild LA after wildfires.
New Bill Targeting Threats to Schools and Churches
2:00
New bill would make threats to schools or churches easier to prosecute.
Trump Targets California Climate Laws in New Executive Order
2:00
Trump moves against CA climate programs that clash with his energy plans.
New Bill Aims to Ban Cat Declawing
1:59
California lawmakers advance a bill to ban declawing cats.
CA Sets Aside $170 Million To Thin Vegetation To Help Prevent Wildfires
2:00
Newsom speeds up wildfire prevention projects with $170M in funding.
Newsom Sues Trump Over Tariffs
2:00
Newsom sues Trump, arguing sweeping tariffs are unconstitutional.
Salmon Fishing Is Shut Down Salmon for Third Year in a Row
2:00
Salmon fishing shuttered again as Chinook collapse worsens in California.
Kaiser Strike Becomes the Longest Mental Health Strike Ever
2:00
Kaiser mental health workers resume negotiations after 6 months of striking.
Active loading indicator