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U S Bank penalized $36 million for holding frozen unemployment benefits

U S Bank penalized $36 million for holding frozen unemployment benefits
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United statesCheryl leamonRohit chopraUs bankOffice of the comptrollerConsumer financial protection bureau onConsumer financial protection bureauFederal trade commissionConsumer financial protection act

U S Bank fined $36 million for freezing unemployment debit cards during Covid-19 pandemic

The nation’s fifth-largest bank made it extremely difficult for benefit recipients to regain access to frozen accounts, the CFPB found.

United statesCheryl leamonRohit chopraUs bankConsumer financial protection bureau onOffice of the comptrollerConsumer financial protection bureauSouth floridaFederal trade commissionConsumer financial protection act

U S Bank fined $36 million for freezing unemployment debit cards during Covid-19 pandemic

U S Bank fined $36 million for freezing unemployment debit cards during Covid-19 pandemic
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United statesRohit chopraCheryl leamonOffice of the comptrollerConsumer financial protection bureau onUs bankConsumer financial protection bureauFederal trade commissionConsumer financial protection act

U S Bank fined $36 million for freezing unemployment debit cards during Covid-19 pandemic

U S Bank fined $36 million for freezing unemployment debit cards during Covid-19 pandemic
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United statesRohit chopraCheryl leamonConsumer financial protection bureau onOffice of the comptrollerUs bankConsumer financial protection bureauFederal trade commissionConsumer financial protection act

U S Bank fined $36 million for freezing unemployment debit cards during Covid-19 pandemic

U S Bank fined $36 million for freezing unemployment debit cards during Covid-19 pandemic
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New yorkUnited statesRohit chopraCheryl leamonUs bankConsumer financial protection bureau onOffice of the comptrollerConsumer financial protection bureauFederal trade commissionConsumer financial protection act