Bank of America will have to pay more than $100 million to customers for doubling up on some fees, withholding reward bonuses, and opening accounts without customer consent, said a federal agency in a statement Tuesday.
Separately, Bank of America will have to pay some $90 million in penalties to its organization and $60 million in penalties to the Office of the Comptroller of the Currency (OCC), the U.S. Consumer Financial Protection Bureau (CFPB) said.
