July 22, 2014 10:57 PM ET

Consumer Finance

Company Overview of FIA Card Services, N.A.

Company Overview

FIA Card Services, N.A. operates as a credit card lender. It also provides retail deposit, consumer loan, and insurance products. The company markets its products through membership organizations and financial institutions. It was formerly known as Mbna America, National Association and changed its name to FIA Card Services, N.A. in June 2006. The company was founded in 1991 and is headquartered in Wilmington, Delaware. FIA Card Services, N.A. operates as a subsidiary of NB Holdings Corporation.

1100 North King Street

Wilmington, DE 19884

United States

Founded in 1991

Phone:

302-432-3252

Fax:

302-432-3422

Key Executives for FIA Card Services, N.A.

Chief Operating Officer
Age: 62
Executive Vice Chairman
Age: 71
Compensation as of Fiscal Year 2014.

FIA Card Services, N.A. Key Developments

Consumer Financial Protection Bureau Orders Bank Of America N.A. and FIA Card Services, N.A to Pay $727 Million in Consumer Relief for Illegal Credit Card Practices

The Consumer Financial Protection Bureau (CFPB) has ordered Bank of America, N.A. and FIA Card Services, N.A. to provide an estimated $727 million in relief to consumers harmed by practices related to credit card add-on products. Roughly 1.4 million consumers were affected by Bank of America's deceptive marketing of their add-on products. Bank of America also illegally charged approximately 1.9 million consumer accounts for credit monitoring and credit reporting services that they were not receiving. Bank of America will pay a $20 million civil money penalty to the CFPB.

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