CFPB Orders Regions Bank to Pay $191 Million for Illegal Surprise Overdraft Fees

On July 21, 2025, pursuant to its authority under 12 U.S.C. § 5563(b)(3), the Bureau terminated the order and waived any alleged non-compliance therewith. Regions fulfilled certain obligations under the order, including, among other things, paying a civil money penalty of $50,000,000 to the Bureau and issuing payments to consumers under the redress plan required in Section VIII of the order.