The Consumer Financial Protection Bureau terminated an order requiring NFCU to reimburse $80 million to customers.

Regulation of Charges: In the UK, the Financial Conduct Authority (FCA) has introduced reforms to make overdrafts simpler, ...

This article originally appeared on Pensacola News Journal: Pensacola news you missed: New restaurants, Navy Federal gets break on overdraft fees Navy Federal off the hook: Navy Federal Credit Union ...

The credit union will no longer have to refund servicemen and women for illegally charging them overdraft fees.

The Consumer Financial Protection Bureau said Tuesday it has terminated its overdraft fee-related consent order against Navy ...

Navy Federal Credit Union will not pay a $15 million fine or $80 million in restitution to servicemembers who were illegally ...

Consumer Federation of America slams CFPB’s reversal of a $95 million consent order against Navy Federal Credit Union for ...

Overdraft fees—charged when financial institutions cover a transaction that exceeds a customer’s account balance—averaged $27.08 per overdraft transaction last year, up from $26.61 in 2023 ...

In a major U-turn on previous hikes, Lloyds Banking Group is cutting punitive overdraft rates for new and existing customers.

Navy Federal Credit Union potentially avoided having to pay as much as $80 million in redress to harmed consumers and escaped ...

Mayor Cherelle Parker said the city would suspend residential trash collection, close some city pools and shorten recreation ...