Statement From Navy Federal Credit Union on CFPB Agreement
November 08, 2024
November 08, 2024
VIENNA, Virginia, Nov. 8 -- The Navy Federal Credit Union issued the following agency statement on Nov. 7, 2024:
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Navy Federal Credit Union released the following statement after reaching an agreement with the Consumer Financial Protection Bureau concerning overdraft fees assessed to personal checking accounts. The member-owned, not-for-profit credit union will pay a $15 million fine to the CFPB as part of the agreement.
Navy Federal fully cooperated w . . .
* * *
Navy Federal Credit Union released the following statement after reaching an agreement with the Consumer Financial Protection Bureau concerning overdraft fees assessed to personal checking accounts. The member-owned, not-for-profit credit union will pay a $15 million fine to the CFPB as part of the agreement.
Navy Federal fully cooperated w . . .