Friday, November 8, 2024
HomeBankNavy Fed to pay $95M for charging unlawful overdraft charges

Navy Fed to pay $95M for charging unlawful overdraft charges

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The Client Monetary Safety Bureau at this time fined Navy Federal Credit score Union for illegally charging clients overdraft charges, calling it the most important penalty the company has levied towards a credit score union for unlawful actions.  The $177 billion, Vienna, Va.-based credit score union allowed clients to make transactions past their obtainable balances, then charged them shock overdraft charges, […]



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