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The Consumer Financial Protection Bureau on Friday charged Comerica Bank with abusing and neglecting vulnerable customers who receive federal benefits. “The CFPB is suing Comerica Bank for ...
Comerica Incorporated is an American financial services company, headquartered in Dallas, Texas.It is the parent of Comerica Bank, a regional commercial bank with 413 branches in the U.S. states of Texas, Michigan, California, Florida and Arizona. [2]
Seniors and others receiving Social Security and other benefits, a lawsuit says, faced illegal ATM charges involving the Direct Express card.
Comerica Bank (docket number: 2:2009cv14890) is a decision by the United States District Court for the Eastern District of Michigan in a case of a phishing attack that resulted in unauthorized wire transfers of US$1.9 million through Experi-Metal's online banking accounts. The court held Comerica liable for losses of US$560,000 that could not ...
Meanwhile, Comerica Bank, which has administered the program since 2008, has been sued by the Consumer Financial Protection Bureau for failing its 3.4 million Direct Express cardholders in other ways.
Mastercard, Comerica Bank, and the U.S. Treasury Department teamed up in 2008 to create the Direct Express Debit Mastercard. The federal government uses the Express Debit product to issue electronic payments to people who do not have bank accounts. Comerica Bank is the issuing bank for the debit card.
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