Posted inBank of America Corporation Banking and Financial Institutions Consumer Financial Protection Bureau Consumer Protection Credit Cards Customer Relations Fines (Penalties) Office of the Comptroller of the Currency Regulation and Deregulation of Industry
Bank of America Fined $150 Million Over ‘Junk Fees’
The bank double-charged overdraft fees, withheld card perks and opened unauthorized accounts, regulators said. It will repay customers more than $80 million.