Deposits & Payments

Deposit growth and strategies have always been a core focus of retail banks. Today's volatile economic climate - with consumers relying less on credit products and more on deposit account services - brings deposit growth and account management to the forefront. As technology and consumer needs evolve, so does the concept of payments. With innovations such as virtual wallets and other forms of digital currency comes new and unique challenges for the payments space. CBA monitors and addresses the issues facing retail banks in the management of the deposits and payments functions.

Comment Letter
September 27, 2022
Joint Trades Hill Letter on "Credit Card Competition Act of 2022"
Dear Speaker Pelosi, and Minority Leader McCarthy: The American Bankers Association, Bank Policy Institute, Consumer Bankers Association, Credit Union National Association, Electronic Payments Coalition, Independent Community Bankers of America, National Association of Federally-Insured Credit Unions, and National Bankers Association write to express our strong opposition to the “Credit Card...
Webinar
August 4, 2022 - 2:00PM
Past
Be Bold, Be Different, but Get Back to Basics with Payments
Webinar
July 28, 2022 - 12:00PM
Past
Demand Centric Growth in Consumer Deposit Products
Media Release
July 28, 2022
CBA Statement on Passage of Misguided Overdraft Legislation
WASHINGTON, DC – Consumer Bankers Association President and CEO Lindsey Johnson issued the following statement after the House Financial Services Committee passed the Overdraft Protection Act, H.R. 4277, legislation that would dramatically restrict access to overdraft: “Today’s passage of the Overdraft ‘Protection’ Act in the House Financial Services Committee will harm vulnerable consumers in...
Webinar
July 21, 2022 - 1:00PM
Past
Cutting to the Chase - How Banks should respond to Fintechs
Webinar
July 19, 2022 - 2:00PM
Past
Women in Data Analytics – The benefits of a diverse team to enhance your analytical strategies
Comment Letter
July 19, 2022
CBA Comment Letter re the Postal Non-Banking Financial Services Modernization Pilot Program
Dear Speaker Pelosi and Minority Leader McCarthy: On behalf of the Consumer Bankers Association (CBA), I write in opposition to the “Postal Non-Banking Financial Services Modernization Pilot Program” included in the fiscal year 2023 Appropriations Act for Financial Services and General Government. CBA is the voice of the retail banking industry whose products and services provide access to credit...
Media Release
July 19, 2022
CBA Reiterates Opposition To Postal Banking Pilot Program
The Consumer Bankers Association (CBA) today sent a letter to House Speaker Nancy Pelosi and Minority Leader Kevin McCarthy reiterating strong opposition to the “Postal Non-Banking Financial Services Modernization Pilot Program,” a proposal slated to be considered this week as part of the 2023 Appropriations Act that would threaten the safety and competitiveness of the consumer financial market...
Webinar
June 23, 2022 - 2:00PM
Past
How Are Consumers Responding to Higher Interest Rates?
Media Release
June 13, 2022
CBA To Congress: Further Restricting Overdraft Would Harm Financially Vulnerable Americans Most
In a new letter sent today to the House Committee on Financial Services, Consumer Bankers Association (CBA) President & CEO Richard Hunt reiterated longstanding opposition to H.R. 4277, legislation that would restrict access to overdraft for millions of hardworking families who knowingly use and value the product. In the letter , CBA also highlighted the recent bank-led overdraft innovations...