CFPB Opens Debanking Review of Nine Large National Banks

The CFPB on Oct. 14, 2026 opened a review of JPMorgan Chase, Bank of America, Citibank, Wells Fargo, U.S. Bank, Capital One, PNC, TD Bank and BMO for potential ECOA, FCRA and UDAAP violations, acting on OCC findings that nine large lenders denied services and discriminated against customers.