From 2017 to 2022, Navy Federal charged customers surprise overdraft fees on certain ATM withdrawals and debit card purchases ...
The nation’s largest credit union charged overdraft fees on purchases made with sufficient funds from 2017 to 2021, ...
The Consumer Financial Protection Bureau (CFPB) has levied a significant enforcement action against Navy Federal Credit Union ...
Navy Federal users may have been overcharged for overdraft fees after the credit union ordered millions of dollars in fines ...
CFPB found that Navy Federal violated Consumer Financial Protection Act by failing to reveal peer-to-peer payment posting ...
Navy Federal Credit Union was ordered to pay more than $95 million in refunds and penalties after a US regulator accused the ...
Through its “Optional Overdraft Protection Service,” known as “OOPS,” Navy Federal charged consumers $20 for most overdraft ...
The Consumer Financial Protection Bureau (CFPB) today took action against Navy Federal Credit Union for charging illegal ...
Navy Federal Credit Union must pay more than $95 million after an investigation found it charged customers millions in ...
Navy Federal Credit Union will pay a $15 million fine and return $80 million in "surprise" overdraft fees to its members to ...
Navy Federal, the nation's largest credit union with assets totaling $181 billion, must pay $95 million in refunds and ...
But the responsibility of regulating the law was squarely on the shoulders of the Federal ... overdraft fees will be more ...