Community banks that offer credit cards may want to check out the latest information coming from the Consumer Financial Protection Bureau.
Agricultural bankers will likely find themselves subject to additional reporting and disclosure requirements, courtesy of the Dodd-Frank Act and the Consumer Financial Protection Bureau the law established. But their biggest competition in rural America will not.
At a press conference on Dec. 1, Treasury Secretary Tim Geithner emphasized the need for a full vote in the Senate to confirm Rich Cordray to head the Consumer Financial Protection Bureau.
House Republicans are keeping an eye on the money spent by the Consumer Financial Protection Bureau.
Confused about which regulator will enforce consumer compliance at your bank after a merger or acquisition? Well, don’t be.
Consumer groups are adding more to their Consumer Financial Protection Bureau wish list.
Given that only a basic CFPB organizational chart – without names – exists on the agency’s web site, CFPB Journal did some digging to offer a more thorough look at the other leaders and staff members who will shape the bureau going forward.
Skip Humphrey, the head of the Office for Older Americans at the Consumer Financial Protection Bureau, described his approach to fighting growing abuses against senior citizens in his Nov. 15 testimony before the Senate Subcommittee on Financial Institutions and Consumer Protection.
First, there was the new mortgage disclosure form. Next came the student loan “shopping form.”
The Consumer Financial Protection Bureau will have a significant financial education component, in addition to its supervisory and enforcement responsibilities, said Barton Shapiro, senior advisor for community banks and credit unions with the CFPB. Barton spoke to bankers Nov. 3 gathered in Lincoln, Neb., for the annual meeting of the Nebraska Independent Community Bankers.