Star Tribune

U.S. Bank to pay $36M for blocking access to unemployment benefits during COVID

The Minneapolis-based bank froze tens of thousands of accounts as a fraud-prevention measure. U.S. Bank must pay nearly $36 million in penalties after freezing unemployment benefit accounts at the ...
Business Insider

U.S. Bank has been fined nearly $36 million for freezing some customers' access to unemployment benefits during the pandemic

U.S. Bank has been fined $35.7 million for preventing some customers from accessing unemployment funds during the pandemic. The CFPB said it froze tens of thousands of accounts and made it hard for ...