CFPB ordered Navy Federal in November 2024 to pay $80 million to service members unfairly charged overdraft fees. CFPB ...

Former officials from the Consumer Financial Protection Bureau, or CFPB, are calling the watchdog's choice to let Navy Federal Credit Union off the hook for charging its members millions in illegal ...

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 ...

In a now-removed news release, the CFPB had explained that, between 2017 and 2021, Navy Federal collected nearly $1 billion in overdraft fees.

The Consumer Financial Protection Bureau has seen its enforcement efforts grind to a halt under the Trump administration.

Navy Federal Credit Union will not pay a $15 million fine or $80 million in restitution to service members who were illegally charged surprise overdraft fees when their accounts had sufficient funds.

Congress overturned a rule that would have capped overdraft fees at some banks and credit unions. Consumer Investigator ...

Consumer Financial Protection Bureau dismisses $95M overdraft case vs. Navy Federal Credit Union The credit union will no longer have to refund servicemen and women for illegally charging them ...

The CFPB dismissed an order requiring NFCU to refund $80 million to consumers, stop charging illegal overdraft fees, and pay a $15 million civil penalty to victims relief fund.

In the nearly six months since the Trump administration has had control of the Consumer Financial Protection Bureau, the ...

Navy Federal Credit Union will no longer have to refund $80 million to servicemen and women for illegally charging them overdraft fees on their accounts, , after the Consumer Financial Protection ...