The bank charged $34 for an overdraft, which seems excessive. Is there a limit?
Federal laws do not establish maximum amounts for fees that depository institutions can charge on your account. These decisions are made by the bank—and in some instances, are prescribed by State law.
Depository institutions are required to disclose any fees when the deposit account is established. Review your Account Agreement with the bank as well as any current fee schedule.
If you feel that your bank's account fees are too high, do some comparison shopping for your banking services.