Financial Education

CBA is committed to the goal of expanding financial education and improving consumers' understanding of the complexities of consumer financial services-whether in mortgages, credit cards, student loans, deposit products, or all the myriad ways in which consumers interact with financial services in this complex economy.
  • April 1, 2014
    Recognized for Outstanding Academic Performance, Integrity and Work Ethic National Harbor, MD (April 1, 2014) – The CBA/BAI Graduate School of Retail Bank Management (GSRBM) today proudly recognized 2013 Tem Wooldridge Award recipient Jill Enabnit - Vice President of Market Analytics & Performance Solutions at U.S. Bank at CBA LIVE 2014. Enabnit was selected by the GSRBM faculty for the...
  • March 31, 2014
    National Harbor, MD (March 31, 2014) – Today at CBA LIVE 2014, the Consumer Bankers Association’s (CBA) Digital Channels Committee in collaboration with Novantas, Inc., released a Digital Marketing Assessment focused on benchmarking, best practices and effectiveness in a space which is turning the traditional model of retail banking on its head. The assessment found retail bank marketers are...
  • January 31, 2014
    Director Cordray Testifies Before House Financial Services Committee On Tuesday, January 28, 2014, the House Financial Services Committee held a hearing entitled: “The Semi-Annual Report of the Consumer Financial Protection Bureau.” CFPB Director Richard Cordray reported on the Bureau’s release, which covers the period April 1, 2013 – September 30, 2013. Lasting nearly four hours and occasionally...
  • November 22, 2013
    CFPB Issues Final Rule on TILA/RESPA Disclosures On Wednesday, November, 20, 2013, the CFPB issued final rules to simplify and consolidate certain Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA) disclosures, including those provided to consumers within three days of receiving the mortgage application and those currently provided at the loan closing. The CFPB provided...
  • November 15, 2013
    CFPB Examining Credit Card Rewards The CFPB is looking to make business more difficult for banks and consumers. They are expanding their reach by looking into credit card rewards programs. This is an area where oversight currently does not exist and the logic for the greater scrutiny is because rewards programs are the top reason why a consumer selects a particular card. Regulation in this area...
  • October 4, 2013
    CFPB Releases Second Annual CARD Act Report On Wednesday, October 2, 2013, the CFPB issued a report on the effects the Credit Card Accountability Responsibility and Disclosure (CARD) Act has had on the consumer credit card market. The report details how the Act has reduced penalty fees and made the cost of credit cards clearer to consumers. The report found the total cost of credit declined by...

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