Checking or savings account -- Problem caused by your funds being low -- Complaint #10750104

Complaint Overview

Complaint ID: 10750104

Company: Navy Federal Credit Union

Product: Checking or savings account

Sub-Product: Checking account

Issue: Problem caused by your funds being low

Sub-Issue: Bounced checks or returned payments

State: Alabama

ZIP Code: 36116

Date Received: 2024-11-10T12:00:00-05:00

Date Sent to Company: 2024-11-10T12:00:00-05:00

Company Response: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Servicemember

Consumer Narrative

I have an account with Navy Federal Credit Union. I signed up for a NO FEE account. With this particular account, if funds were not available- The transaction would be declined period. I have received several NSF fees and debits rendering my account overdrawn. The most recent infraction occurred in XX/XX/year>. I have read the lawsuit against Navy Federal stating these same violations and infractions against the consumers who utilize their services. I can produce and release CFPB access to obtain all of my statements for the account to verify what I am claiming.

Frequently Asked Questions

What is Complaint #10750104 about?

Complaint #10750104 was filed against Navy Federal Credit Union regarding Checking or savings account specifically about Problem caused by your funds being low. It was received by the CFPB on 2024-11-10T12:00:00-05:00.

How did Navy Federal Credit Union respond to this complaint?

The company responded with: "Closed with monetary relief". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Checking or savings account) and describe your issue in detail.

Can I see other complaints against Navy Federal Credit Union?

Yes, visit the Navy Federal Credit Union company profile at readthecomplaint.com/company/navy-federal-credit-union to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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