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Bureau of Consumer Financial Protection v. Fifth Third Bank, N.A.
Case Number:
1:21-cv-00262
Court:
Nature of Suit:
Judge:
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July 09, 2024
Fifth Third Fined $20M Over Fake Accounts, Auto Loan Issues
Fifth Third Bank will pay a total of $20 million to resolve claims from the Consumer Financial Protection Bureau that bank employees opened accounts for customers without authorization, and forced vehicle insurance onto borrowers who already had coverage.
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August 16, 2021
CFPB Says Fifth Third Delayed Rogue Account Opening Fixes
The Consumer Financial Protection Bureau has asked for partial judgment on its claim that Fifth Third Bank refused to use information it had to quickly identify and aid at least 800 consumers who had unauthorized accounts opened in their names by bank employees after Fifth Third found out about the issue in 2010.