Joint release with the Board of Governors of the Federal Reserve System
Person-to-person payment services are gaining popularity. Before using them, minimize potential risks by reading these tips.
Today the Bureau of Consumer Financial Protection (Bureau) filed in federal district court a proposed settlement with TCF National Bank regarding its marketing and sale of overdraft services.
Learn how youth employment programs can work with financial institutions to help young people get access to accounts that work for them.
Bureau Acting Director Mulvaney Statement on the Economic Growth, Regulatory Relief and Consumer Protection Act
Bureau Acting Director Mick Mulvaney issued the following statement after President Donald Trump signed the Economic Growth, Regulatory Relief and Consumer Protection Act into law.
It’s common for couples to share their financial lives but not the responsibility for managing household finances. But if a spouse dies or experiences a sudden illness, getting up to speed quickly could be challenging for the person left behind. Share your family financial picture now to prepare for the future.
We’re releasing a report about consumers’ experiences with overdraft programs. Many of the people we spoke with were surprised about overdraft fees. Take control of your checking account with our tips and guides.
CFPB sends letters to financial institution CEO’s encouraging more consumer control over payment methods
Last week, Director Cordray sent a letter to the CEO’s of several banks, credit unions, and financial companies encouraging them to enable consumers to exert greater control over their credit cards, debit cards, and other payment methods.
New data shows how costly (or cheap) it can be for students to use their college-sponsored bank account.
For more than five years now, I have had the honor to serve our country as the first director of the new U.S. Consumer Financial Protection Bureau. In that time, we have built a brand-new federal agency from scratch. And we have sent a strong message to the banks and large financial companies that in a frank and fair way we are pushing them to clean up their act and put their customers first.