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» OCC Settles With Federal Savings Bank Over FTC Act Violations
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OCC Settles With Federal Savings Bank Over FTC Act Violations
April 30, 2026
Emmeline Willey
According to the order, Chicago-based Federal Savings Bank sent millions of advertisements, telling consumers that they had “available funds” and should contact the bank; the ads were actually for a VA cash-out refi.
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