Comerica Bank Tower Dallas

Comerica, CFPB

CFPB sues Comerica Bank over allegations of failing disabled and older Americans

Regional lender Comerica Bank faces allegations it systematically mistreated millions of mostly disabled and older customers and could pay penalties under new civil enforcement action, the U.S. watchdog agency for consumer finance announced on Friday.

Boston Herald · 4d

Feds sue Comerica Bank, allege fraud against benefits recipients

Comerica Bank, one of the 25 largest bank holding companies in the country, is headquartered in Dallas, but was founded in Detroit and based in the city until 2007. “The CFPB is suing Comerica ...

MyChesCo on MSN · 3d

CFPB Files Lawsuit Against Comerica Bank for Alleged Failures in Serving Vulnerable Customers

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Comerica Bank, accusing it of systematically failing its 3.4 million Direct Express cardholders, most of whom are

GlobalData on MSN · 3d

Comerica Bank faces CFPB lawsuit over federal benefits failings

The bank has been accused of disconnecting 24 million calls and charging illegal ATM fees to over a million cardholders.

Zacks.com on MSN · 4d

Comerica's Unit Sued on Failing to Administer Federal Benefits Program

Comerica Inc.’s CMA subsidiary, Comerica Bank was sued by the Consumer Financial Protection Bureau (“CFPB”) over systematically mistreating its 3.4 million Direct Express cardholders, primarily unbanked Americans receiving federal benefits.

Comerica Bank abused and neglected vulnerable customers who relied on prepaid card for federal benefits

The Consumer Financial Protection Bureau on Friday charged Comerica Bank with abusing and neglecting vulnerable customers who ...

Crain's Detroit7d

Federal agency accuses Comerica Bank of mistreating benefits recipients

Comerica Bank, a subsidiary of Comerica Inc., is headquartered in Dallas but has long-standing ties to Detroit, where it was founded and headquartered until 2007. As of Dec. 2023, it is the ...

American Banker6d

CFPB lawsuit is just the latest regulatory headache for Comerica

The Consumer Financial Protection Bureau's lawsuit against Comerica Bank for allegedly mistreating recipients of federal benefits is the latest in a list of recent legal and regulatory ...

Detroit Free Press7d

Comerica Bank faces lawsuit, accused of illegal fees, harming Direct Express cardholders

Comerica Bank is ... Comerica accusing the bank of "systematically failing its 3.4 million Direct Express cardholders — primarily unbanked Americans." The Dallas-based bank with strong ...

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