The Consumer Financial Protection Bureau (CFPB) is suing Comerica Bank for deliberately disconnecting customer service calls, charging illegal fees, disregarding and misleading fraud victims ...
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
Comerica Bank said in a statement that it has cooperated with the CFPB's investigation into the matter, but that despite "good faith efforts to provide this critical context, the CFPB has ...
Comerica has denied the charges and is countersuing the CFPB. The agency also announced four separate rules, including one limiting bank overdraft fees that was immediately challenged by the ...
The lawsuit is the latest in a slew of actions the CFPB has taken against companies for mishandling consumer and worker financial accounts. The bureau previously sued Comerica Bank over ...
The CFPB alleges Walmart and Branch Messenger misled workers about the availability of same-day access to their earnings. The Consumer Financial Protection Bureau is suing Walmart and a financial ...