Newsroom
Bank Incentives to Boost Sales Figures Spurred Employees to Secretly Open Deposit and Credit Card Accounts.
Thank you for joining us today in Louisville to talk about individual checking and savings accounts. When I think about these deposit accounts, I am...
By
Richard Cordray
CFPB Concerned that Screening Inaccuracies and Lack of Account Options are Keeping Consumers Out of the Banking System Today the Bureau is taking steps to...
I want to welcome you all to this meeting of the Credit Union Advisory Council, which has been convened to talk about consumer challenges in payment...
By
Richard Cordray
Thank you for joining this call. Today the Bureau, along with our federal partners, is taking action against Citizens Bank for shoddy practices that...
By
Richard Cordray
CFPB, OCC, and FDIC Take Action Against Bank For Ignoring Deposit Discrepancies Today the Bureau, the Federal Deposit Insurance Corporation (FDIC), and the...
CFPB Wants to Ensure Consumer Protections Are Built Into New Payment Systems From Outset Today the Bureau outlined guiding principles for protecting...
Bank Refunds $49 Million in Illegal Fees to Consumers Who Did Not Opt-In to Overdraft Today the Bureau took action against Regions Bank for charging...
Today the Bureau is taking its first enforcement action under the federal rules that protect consumers against illegal overdraft fees by their banks. We are...
By
Richard Cordray
M&T to Refund $2.9 Million to Approximately 59,000 Account Holders Who Paid Fees for Free Checking Today the Bureau took action against M&T Bank for...
Thank you for joining our forum to explore how consumers are affected by checking account screening policies and practices. Today we will look at how these...
By
Richard Cordray
Approximately 420,000 Consumers Unfairly Charged for Identity Protection "Add-On" Products to Receive Full Refunds Today, the Bureau is ordering U.S. Bank...
The report shows big differences across financial institutions when it comes to overdraft coverage on debit card transactions and ATM withdrawals, drawing...
Almost nine out of ten American households have at least one checking account, and many also maintain a savings account. Yet, despite the fact that they are...
The problem is that checking accounts often come with a wide variety of unexpected costs that can quickly add up for consumers.
