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USB / U.S. Bancorp says Feds weighing enforcement action on prepaid debit cards used for unemployment insurance payments

U.S. Bancorp says Feds weighing enforcement action on prepaid debit cards used for unemployment insurance payments
U.S. Bancorp USB, -0.13% said in a filing Monday that the Consumer Financial Protection Bureau (CFPB) is considering a potential enforcement action against the bank as part of a previously-disclosed probe into its administration of unemployment insurance benefit prepaid debit cards during the COVID-19 pandemic. The bank said it's cooperating with the regulators. Read More
Posted: Feb 28 2023, 07:53
Author Name: Market Watch
Views: 110592

USB News  

U.S. Bancorp (USB) BancAnalysts Association of Boston Conference Transcript

By Seeking Alpha
November 4, 2023

U.S. Bancorp (USB) BancAnalysts Association of Boston Conference Transcript

U.S. Bancorp (NYSE:USB ) BancAnalysts Association of Boston Conference November 2, 2023 8:10 AM ET Company Participants Gunjan Kedia - Vice Chair, Wea more_horizontal

U.S. Bancorp Series A Preferred: Trading At Discount With Over 9% Yield

By Seeking Alpha
October 30, 2023

U.S. Bancorp Series A Preferred: Trading At Discount With Over 9% Yield

U.S. Bancorp's Series A preferred shares are on pace to pay a dividend yield of 9.1% over the next twelve months. The bank's net interest income has d more_horizontal

4 Things You Need to Know If You Buy U.S. Bancorp Today

By The Motley Fool
October 29, 2023

4 Things You Need to Know If You Buy U.S. Bancorp Today

U.S. Bancorp stock is down 26% year to date amid weakness across banking sector stocks. The bank has had to bolster its capital reserves following a b more_horizontal

US Bank Debuts Avvance Installment Payment Tool

By PYMNTS
October 24, 2023

US Bank Debuts Avvance Installment Payment Tool

U.S. Bank has introduced a tool that lets businesses offer consumer financing at point-of-sale. The lender's Avvance offering, announced Tuesday (O more_horizontal

U.S. Bancorp: Why The Common Is Better Than The Preferreds Despite Their Higher Yield

By Seeking Alpha
October 19, 2023

U.S. Bancorp: Why The Common Is Better Than The Preferreds Despite Their Higher Yield

U.S. Bancorp: Why The Common Is Better Than The Preferreds Despite Their Higher Yield more_horizontal

Why U.S. Bancorp Stock Pulled Back Today

By The Motley Fool
October 18, 2023

Why U.S. Bancorp Stock Pulled Back Today

Profits declined, but U.S. Bancorp still topped bottom-line estimates. Profits declined both sequentially and from a year ago. more_horizontal

U.S. Bancorp's (USB) Q3 Earnings Beat as Revenues Improve Y/Y

By Zacks Investment Research
October 18, 2023

U.S. Bancorp's (USB) Q3 Earnings Beat as Revenues Improve Y/Y

U.S. Bancorp (USB) records higher expenses in the third quarter of 2023. more_horizontal

U.S. Bancorp (USB) Q3 Earnings Top Estimates

By Zacks Investment Research
October 18, 2023

U.S. Bancorp (USB) Q3 Earnings Top Estimates

U.S. Bancorp (USB) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earn more_horizontal


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