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Overdraft

Consumer Financial Protection Bureau (CFPB)
National

CFPB Imposes Record Penalty on Navy Federal Credit Union for Illegal Overdraft Fees

November 10, 2024November 10, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has levied a significant enforcement action against Navy Federal Credit Union, the largest credit union in the United States, for imposing unlawful …

CFPB Imposes Record Penalty on Navy Federal Credit Union for Illegal Overdraft Fees Read More

Consumer Financial Protection Bureau (CFPB)
National

Cracking Down on Phantom Fees: CFPB Moves to Protect Consumers from Unseen Overdraft Costs!

September 23, 2024September 23, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently issued new guidance aimed at preventing banks from levying overdraft fees without clear consumer consent. This move targets the practice …

Cracking Down on Phantom Fees: CFPB Moves to Protect Consumers from Unseen Overdraft Costs! Read More
Funds
National

BANK PROFITEERS: How Your Bank Is Making Billions From Your Misfortune

April 3, 2024April 3, 2024 - by Maryann Pugh

WASHINGTON, D.C. — U.S. Senator Bob Casey is championing the charge to protect American consumers from the predatory practices of corporate banks. Amidst a flurry of activity, he recently dispatched …

BANK PROFITEERS: How Your Bank Is Making Billions From Your Misfortune Read More

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