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Citigroup does away with overdraft fees

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Citigroup is saying goodbye to overdraft fees, CNN Business reports.

The company becomes the largest U.S. bank to pledge to eliminate the charges.

"We're tremendously proud to eliminate these fees altogether," said Gonzalo Luchetti, Citi's CEO of U.S. personal banking. "These changes empower our customers to build long-term financial wellness with access to more affordable banking services."

Read more from CNN Business.

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