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CFPB Sues Comerica Bank For Allegedly Mishandling Disabled and Older Americans' AccountsThe Consumer Financial Protection Bureau (CFPB) is suing Comerica Bank for deliberately disconnecting customer service calls, charging illegal fees, disregarding and misleading fraud victims ...
Capital One, the CFPB alleges, promised customers that its flagship 360 Savings account provided one of the nation’s “best” and “highest” interest rates, but the bank froze the interest rate at a low ...
The bank allegedly failed to notify 360 Savings ... the interest rates of the two options were substantially different, according to the CFPB. Capital One increased the 360 Performance Savings ...
In fact, JPMorgan said in August that it was considering litigation against the CFPB if the regulator sought to punish the bank for its role in the Zelle network. The CFPB claimed that Zelle's ...
Capital One, the ninth largest bank in the US, marketed its 360 Savings account as having one of the highest annual percentage yields, the CFPB said in a statement Tuesday. However, after ...
Earlier this month, the CFPB and the Office of the Comptroller of the Currency fined Bank of America $250 million for illegally charging junk fees, withholding credit card rewards and opening fake ...
Chopra has no formal say in whether to approve the acquisition, Seiberg noted. The Trump-led CFPB may choose to stick with the lawsuit, but the bank may ultimately choose to settle it rather than ...
The bank added that its 360 products "have always been available in just minutes to all new and existing customers without any of the usual industry restrictions," the AP reported. The CFPB said ...
Bank of America disclosed in October that it was responding to a CFPB inquiry related to the bank’s processing of electronic payments through Zelle that it warned at the time may result in ...
The bank allegedly failed to notify 360 Savings ... the interest rates of the two options were substantially different, according to the CFPB. Capital One increased the 360 Performance Savings ...
The agency said, “Early Warning Services, which operates Zelle, along with three of its owner banks – Bank of America (BAC ... consumer safeguards.” The CFPB says customers of the three ...
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