CFPB, OCC, and FDIC Take Action Against Bank For Ignoring Deposit Discrepancies
WASHINGTON, D.C. –-(ENEWSPF)–August 12, 2015. Today the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) took action against Citizens Bank for failing to credit consumers the full amounts of their deposited funds. The bank kept money from deposit discrepancies when receipts did not match actual money transferred. Today’s CFPB consent…
