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Former officials from the Consumer Financial Protection Bureau, or CFPB, are calling the watchdog's choice to let Navy ...
The Consumer Financial Protection Bureau, led by President Trump’s administration, has dropped a case against Navy Federal Credit Union.
A group of senators says they have "profound alarm" and are demanding answers over the unprecedented decision by the government's consumer watchdog to drop its case against Navy Federal Credit Union ...
CFPB ordered Navy Federal in November 2024 to pay $80 million to service members unfairly charged overdraft fees. CFPB ...
AZ, led lawmakers accusing the bureau of “lip service” over its refocus toward “threats” to service members and veterans, in its “abrupt” reversal on a $95 million penalty against the credit union.
The Consumer Financial Protection Bureau terminated an order requiring NFCU to reimburse $80 million to customers.
Through its “Optional Overdraft Protection Service,” known as “OOPS,” Navy Federal charged consumers $20 for most overdraft transactions, the CFPB release said. The credit union collected ...
The Navy Federal action marks the second recent high-profile enforcement action directed at a credit union by CFPB. Last week, it sanctioned the $14.7 billion-asset Vystar Credit Union in Jacksonville ...
The lights are on at the Consumer Financial Protection Bureau across the street from the White House, and employees still get ...
Navy Federal Credit Union will pay $95 million in fees and refunds for charging illegal overdraft fees to its customers, the Consumer Financial Protection Bureau announced Thursday.. According to the ...
The Consumer Financial Protection Bureau's reversal on its settlement with Navy Federal Credit Union is part of a broader pattern.