CFPB Orders Bank To Pay $6.2M For Overdraft Practices

By Katryna Perera (December 7, 2023, 5:40 PM EST) -- The Consumer Financial Protection Bureau on Thursday issued a $1.2 million penalty against Atlantic Union Bank and ordered it to pay $5 million in restitution to customers whom it allegedly illegally enrolled in checking account overdraft programs without providing the proper disclosures....

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