NEW YORK — Capital One Financial Corp. is reimbursing about 18,000 customers $775,000 for annual credit-card membership fees after a regulator deemed some of them unfair.

The Office of the Comptroller of the Currency, in cooperation with the attorney generals of California and West Virginia, found that Capital One unfairly charged 3,400 customers annual fees totaling about $125,000 after those people, who carried no balance, had already requested their accounts be closed. The fees were charged between 2004 and 2006, when the bank fixed the problem.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.