or even slimier, prior to the federal credit protection act, you could have $0 in the bank, then deposit $10, then later in the day, make 10 transactions of $1

or even slimier, prior to the federal credit protection act, you could have $0 in the bank, then deposit $10, then later in the day, make 10 transactions of $1 each. and they would rearrange the transactions, putting the deposit in at the end of the day and the charges right when they happened, and charge you TEN separate overdraft charges for those 10 transactions at $35 each. then, your balance at the end of the day would be -$340. after which they would charge you an additional overdraft fee that day and every day following for a negative balance penalty. and then maybe an additional charge every once and a while for "extended negative balance" as well as charge you a monthly fee since you don't qualify for free checking that month since you have a negative balance. AND the checking account fees would also create an overdraft charge. it was such an awful racket that was only allowed to go on as long as it did because it mostly just affected poor people.