Supervisory Highlights Junk Fees Update Special Edition, Issue 31, Fall 2023
This is the 31st edition of Supervisory Highlights. This special edition of Supervisory Highlights updates the public on supervisory work completed since the CFPB published the March 2023 Supervisory Highlights Junk Fees Special Edition. The findings included in this report cover examinations in the areas of deposits, auto servicing, and remittances that generally were completed between February 2023 and August 2023. The report also describes risks identified in connection with payment platforms that parents, guardians and students use to pay for school lunches.