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KEY TAKEAWAYS The Consumer Financial Protection Bureau (CFPB) is suing Comerica Bank for deliberately disconnecting customer service calls, charging illegal fees, disregarding and misleading fraud ...
Regional lender Comerica Bank faces allegations it systematically mistreated millions of mostly disabled and older customers and could pay penalties under new civil enforcement action, the U.S ...
The Consumer Financial Protection Bureau on Friday charged Comerica Bank with abusing and neglecting vulnerable customers who receive federal benefits. “The CFPB is suing Comerica Bank for ...
CFPB sues Comerica Bank, alleging it failed to administer federal benefits program By Kristian Burt,CNBC • Published December 6, 2024 • Updated on December 6, 2024 at 8:55 am BOOKMARKER ...
Comerica had previously disclosed that it was being investigated by the CFPB. But the lawsuit appears to be the first time the company has said the investigation involves Direct Express. The bank ...
The Consumer Financial Protection Bureau (CFPB) is suing Comerica Bank for deliberately disconnecting customer service calls, charging illegal fees, disregarding and misleading fraud victims, and ...
The Direct Express program has operated since 2008 under a U.S. Treasury contract with Comerica and provides prepaid debit cards to recipients of federal benefits, according to the CFPB.
The Consumer Financial Protection Bureau filed a complaint against Comerica Bank, accusing it of failing to administer a federal benefits program that uses prepaid debit cards. The lawsuit claims ...
CFPB sues Comerica Bank over allegations of failing disabled and older Americans FILE PHOTO: Signage is seen at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C ...