According to the CFPB, current regulation “sets forth a safe harbor of $30 generally for penalty fees, except that it sets ...

Big banks and a credit union earned nearly $3.5 billion from overdraft fees in 2024, with Chase, Wells Fargo and Navy Federal ...

The Consumer Financial Protection Bureau, or CFPB, is a federal agency that helps protect consumers from financial harm. For ...

Overdraft fees have been on the decline, but a new Senate decision could herald their comeback. See which banks stand to win.

The CFPB dropped a lawsuit against Zelle, JPMorgan, Bank of America and Wells Fargo on Tuesday. The lawsuit alleged the banks did not sufficiently protect customers from fraud on Zelle.

“Trump fatigue” is a horrible malady as part of which the afflicted turn their backs on even the most zany and outrageous of ...

Wells Fargo has checked more boxes in its progress toward fixing ... The OCC's 2018 order was accompanied by a $500 million fine, and came in coordination with a consent order from the CFPB. The CFPB ...

The bureau also levied $5 billion in civil monetary penalties. In recent years, the CFPB has ordered: Wells Fargo to pay $3.7 billion for “widespread mismanagement” of auto loans, mortgages ...

The CFPB issued its final rule on overdraft in December ... while many others – notably, Bank of America and Wells Fargo – ...