CFPB Terminates $95 Million Overdraft Fee Settlement with Navy Federal Credit Union

The Consumer Financial Protection Bureau terminated a consent order settling allegations that Navy Federal Credit Union engaged in illegal overdraft practices in violation of the Consumer Financial Protection Act . Source link Read more »

Trump Nullifies CFPB Rules to Limit Overdraft Fees and Supervise Digital Payment App Companies

President Trump has signed into law Congressional Review Act (CRA) joint resolutions of disapproval overturning CFPB final rules to limit overdraft fees and supervise digital payment app providers. Source link Read more »

CFPB Issues Final Rule Limiting Large Bank Overdraft Fees

The CFPB issued a final rule that limits overdraft fees charged by very large financial institutions. Source link Read more »

CFPB Fines Navy Federal Credit Union $95 Million for Illegal Overdraft Fee Practices

The Consumer Financial Protection Bureau issued a consent order against Navy Federal Credit Union for engaging in unfair acts and practices in violation of the Consumer Financial Protection Act for charging illegal... Read more »
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