Tag: CFPB
Citizens Bank to pay $9M penalty for unlawful credit card servicing
PROVIDENCE – Without admitting fault, Citizens Bank on Tuesday agreed to pay $9 million to settle allegations of failing to properly manage and respond...
CFPB warns banks against unilaterally reopening closed consumer accounts
WASHINGTON – The Consumer Financial Protection Bureau affirmed last week that a bank is in violation of federal law if it unilaterally reopens a...
CFPB acting director calls agency ‘too powerful’
PROVIDENCE – In his first report as acting director of the Consumer Financial Protection Bureau, Mick Mulvaney is calling his agency “too powerful.”
Mulvaney, an...
CFPB offers tools to help families save for future, unexpected expenses
PROVIDENCE – The Consumer Financial Protection Bureau is highlighting a host of tools it provides for individuals and families to save for emergencies and...
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