U.S. fines big Nebraska bank over credit card, ID theft marketing

Jonathan Stempel reports:

First National Bank of Omaha will pay $35.25 million of fines and refunds to settle charges by two U.S. regulators that it duped hundreds of thousands of customers into buying credit card and identity theft services they did not want, understand or receive. It also apologized to customers.

Thursday’s settlements with the Omaha-based unit of First National of Nebraska Inc were announced by the Consumer Financial Protection Bureau and the Treasury Department’s Office of the Comptroller of the Currency.

Read more on Reuters.

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