Richard's Rapid Fire

  • September 8, 2017
    Welcoming CBA’s Board of Directors & Committee Leadership We are excited to welcome our Board of Directors to CBA HQ next week for our September Board meeting. Each time we meet, it provides us an opportunity to chart a path forward for the retail banking industry and discuss how we can best serve consumers and small businesses. We also will announce our Board leadership team for 2018, as...
  • September 1, 2017
    CBA’s Membership Stands With the Victims of Hurricane Harvey CBA members continue to provide assistance to the victims of Hurricane Harvey. As a product of Louisiana, I certainly weathered my share of floods, storms, depressions, and a few minor hurricanes. However, absolutely nothing could have prepared us for Hurricane Harvey’s destruction; it is beyond words. From the thousands of willing...
  • September 1, 2017
    CBA’s Membership Stands With the Victims of Hurricane Harvey CBA members continue to provide assistance to the victims of Hurricane Harvey. As a product of Louisiana, I certainly weathered my share of floods, storms, depressions, and a few minor hurricanes. However, absolutely nothing could have prepared us for Hurricane Harvey’s destruction; it is beyond words. From the thousands of willing...
  • August 25, 2017
    Director Cordray: Time to Decide It is well past time Director Richard Cordray clarify his intentions to run for public office as the speculation has become a distraction and now casts a shadow over the impartiality of the CFPB. We need to have stability at the CFPB. The current limbo – will he or won't he? – is just the latest reason why a Senate-confirmed, bipartisan commission must be...
  • August 18, 2017
    Latest on the CFPB, Director Cordray & Small-Dollar Rumors of a potential Labor Day weekend resignation by CFPB Director Richard Cordray continue to circulate, leaving many speculating the Bureau’s small-dollar rule will be released in the coming weeks. If Richard Cordray does choose to resign his post at the CFPB and President Trump appoints a successor, I wonder if Senate Democrats will...
  • August 11, 2017
    Rumor Mill Churning: Will Cordray Run for Governor of Ohio? I cannot read my morning press clips, or anything from an Ohio news outlet for that matter, without seeing coverage of Richard Cordray’s speculated departure as head of the CFPB to run for Governor of Ohio. One thing is for certain – his days atop the agency are numbered. His term expires in 2018, and President Trump will have an...
  • August 4, 2017
    CBA Executive Banking School Class of 2017, Top Student Honored The future of retail banking looks bright with CBA Executive Banking School’s Class of 2017 carrying the torch, and I am proud to congratulate our graduates on their accomplishments. Our school is devoted to the idea that a successful banker is one who understands how to operate a bank from the ground up. After three years of...
  • July 28, 2017
    CBA Executive Banking School is in Full Swing CBA’s 66th session of Executive Banking School is off and running! This week, nearly 300 students joined us at Furman University in Greenville, S.C. to hone their retail banking skills. Thank you to Dennis Devine , CBA Board Member and Co-President of Key Community Bank, Kelly King , President and CEO of BB&T Bank, and our distinguished faculty...
  • July 21, 2017
    CBA Executive Banking School Starts Monday Nearly 300 students representing 43 banks and credit unions from across the country will meet at Furman University in Greenville, S.C. for CBA’s 66 th year of Banking School this weekend. At the end of our summer program, we expect to graduate 98 bankers, including this year’s Tem Wooldridge Award winner. Each year, this award recognizes the top...
  • July 14, 2017
    CBA Working to Overturn CFPB’s Arbitration Rule This week, I appeared on " Nightly Business Report " to debate Rohit Chopra, former assistant director at the CFPB, over the CFPB’s “Washington Knows Best” arbitration rule. As I mentioned to hosts Tyler Mathisen and Sue Herera, the CFPB’s arbitration rule is a raw deal for consumers. Arbitration has long provided a faster, better, and more cost-...

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