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OCC Assesses $15 Million Penalty Against U.S. Bank for Unfair Practices
The Office of the Comptroller of the Currency (OCC) today assessed a $15 million civil money penalty against U.S. Bank, National Association, Cincinnati, Ohio, for violations of law relating to the bank's administration of a prepaid card program to distribute public unemployment insurance benefit payments.
CFPB Orders U.S. Bank to Pay $21 Million for Illegal Conduct During COVID-19 Pandemic | Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau ordered U.S. Bank to pay nearly $21 million for keeping consumers from accessing unemployment benefits during the COVID-19 pandemic.
'Big Short' Michael Burry Sounds the Alarm on U.S. Banks
The legendary investor published a chart which quantifies the uninsured clients and unrealized capital losses for major regional banks.
U.S. Bank fined for opening 'sham' accounts for customers | CNN Business
The fifth-largest commercial bank in the US was fined by the Consumer Financial Protection Bureau for illegally accessing consumer credit reports and opening accounts without their permission.
US banks sitting on unrealized losses of $620 billion | CNN Business
Silicon Valley Bank's collapse last week sent tingles of panic down investors' spines as it highlighted a larger problem across the banking sector: The widening gap between the value large lenders place on the bonds they hold and what they're actually worth on the market.
U.S. Bank Fined $37.5 Million for Illegally Accessing Customer Data and Opening New Accounts
A major bank was just slapped with penalties. Read on to find out why.
U.S. Bank Reviews - 1.5 Stars
229 reviews for U.S. Bank, 1.5 stars: 'Customer service stinks. Branch manager totally ineffective conveying information to the credit card division. Regional manager Mary Forest does not acknowledge or return phone calls. Dexter, Missouri branch manager would not give me access to safe deposit box so I had to do a 20-hour round trip a week later to gain access to MY OWN BOX by appointment. Bank ANYWHERE else.'
Banking While Black: More complaints of discrimination as U.S. Bank CEO promises change
U.S. Bank faces more complaints of discrimination months after CEO apologized to black customer who was handcuffed while trying to cash his paycheck.
US Bank | Reviews | Better Business Bureau® Profile
View customer reviews of US Bank. Leave a review and share your experience with the BBB and US Bank.
U.S. Bank Cited by Federal Authorities for Lapses on Money Laundering (Published 2018)
The bank, which was accused of neglecting safeguards against illegal activity and of lying to a regulator, agreed to pay $613 million in fines and penalties to resolve the case.
U.S. Bank to Pay $200 Million to Resolve Alleged FHA Mortgage Lending Violations
U.S. Bank has agreed to pay the United States $200 million to resolve allegations that it violated the False Claims Act by knowingly originating and underwriting mortgage loans insured by the Federal Housing Administration (FHA) that did not meet applicable requirements, the Justice Department announced today
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