What You Need to Know About Regions Bankâs $7.5 Million Overdraft Penalties
Quite a few eyebrows were raised at the announcement of Regions $7.5 million fine, but itâs important to note that there was no new interpretation of law here on the part of the CFPBâjust a misinterpretation on the part of the bank. Regions Bank sets an example that all financial institutions can and should learn from. A closer look shows just how easy it is to get off track. [11/3/15]
