Checking or savings account -- Managing an account -- Complaint #14343343

Complaint Overview

Complaint ID: 14343343

Company: Navy Federal Credit Union

Product: Checking or savings account

Sub-Product: Checking account

Issue: Managing an account

Sub-Issue: Deposits and withdrawals

State: Georgia

ZIP Code: XXXXX

Date Received: 2025-06-27T12:00:00-05:00

Date Sent to Company: 2025-06-27T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

On XX/XX/year> I received a fraud alert from XXXX. I called and was advised that someone claimed fraudulent charges through my XXXX account with Navy Federal Credit Union. Some days later XXXX locked and closed my account due to fraudulent transactions. Later XX/XX/year> I went to Navy to get an explanation and I was told that they couldn't provide me with any information concerning my account and that I would be issued a cashier 's check for {$10000.00} that same day. After receiving the check the cashier then advised me that I could deposit that check into my business account since it had not been affected. On XXXX XXXX XXXX I returned to the bank to withdraw money for my business and was told the account was locked. They wouldn't provide me with any other information about why the account was closed out.

Frequently Asked Questions

What is Complaint #14343343 about?

Complaint #14343343 was filed against Navy Federal Credit Union regarding Checking or savings account specifically about Managing an account. It was received by the CFPB on 2025-06-27T12:00:00-05:00.

How did Navy Federal Credit Union respond to this complaint?

The company responded with: "Closed with explanation". 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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