Atlantic Union Bank Fined $6.2 Million by CFPB for Illegal Overdraft
The Consumer Financial Protection Bureau (CFPB) recently levied a substantial $6.2 million fine against Atlantic Union Bank, uncovering the bank’s illegal enrollment of thousands of customers in checking account overdraft programs. This regulatory action has far-reaching implications, shedding light on the financial institution’s questionable practices and raising concerns about consumer protection within the banking sector. …
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