TCF National Bank is getting sued by the Consumer Financial Protection Bureau (CFPB), which contends that the bank tricked consumers into overdraft services that were very costly. In a press release announcing the action, the government watchdog said banks aren’t allowed to charge overdraft fees...
American Banker reported Thursday (Nov. 5) that TCF Financial may be in the crosshairs of legal action via the Consumer Financial Protection Bureau, centered on overdraft fees. [bctt tweet=”TCF Financial may be in the crosshairs of legal action via the Consumer Financial Protection Bureau.”] In...
September 12, 2017
Late last week, regional bank TCF Financial Corporation saw a judge dismiss some of the claims lodged against it by the Consumer Financial Protection Bureau. According to a news report in American Banker, a Minnesota district court judge threw out the government watchdog’s claims that the company violated Regulation E. The rule, which was put […]
January 20, 2017
TCF National Bank is getting sued by the Consumer Financial Protection Bureau (CFPB), which contends that the bank tricked consumers into overdraft services that were very costly. In a press...
November 06, 2015
American Banker reported Thursday (Nov. 5) that TCF Financial may be in the crosshairs of legal action via the Consumer Financial Protection Bureau, centered on overdraft fees. [bctt tweet=”TCF Financial...
