Media Releases

Press Contact

Billy Rielly
brielly@consumerbankers.com
  • April 17, 2023
    Earlier this year, the Consumer Financial Protection Bureau (CFPB) announced a new proposal (a Notice of Proposed Rulemaking or NPRM) to lower the credit card late fee amount to $8. The proposal is part of the Administration’s misguided political campaign to conflate fees in unrelated industries as “junk.” On the surface, this proposal sounds good – no one likes “junk” – but the reality for...
  • April 11, 2023
    On Thursday, March 31, Consumer Financial Protection Bureau (CFPB) released a final rule to expand data collection requirements for financial institutions in the small business lending market under Section 1071 of the Dodd-Frank Act. Here’s an overview what you need to know, why it matters, how it will affect small business lending, and more: Consumer Bankers Association’s David Pommerehn...
  • April 10, 2023
    The Consumer Bankers Association (CBA) and Small Business Financial Exchange (SBFE) today released the Q4 2022 Small Business Lending Trends analysis , examining key credit information for America’s small businesses. The report reflects the ongoing economic headwinds impacting small business credit, including persistent inflation and interest rate hikes. Key Findings Delinquency increased...
  • April 10, 2023
    Nearly 2,000 of the industry’s top leaders recently gathered in Las Vegas for retail banking’s premier annual event – CBA LIVE 2023. From navigating digital innovations to preparing for all things CFPB and beyond, this year’s conference featured more than 70 hours of dynamic programming focused on the most pressing issues facing banks today. In a new highlight video, the Consumer Bankers...
  • April 5, 2023
    A new survey released today found 57% of Americans believe credit card late fees are legitimate and not so-called “junk,” as some have suggested, compared to fees found in other sectors of the economy, which only between 12% to 18% of Americans found to be legitimate. The survey, commissioned by the Consumer Bankers Association (CBA), also found nearly half of Americans (48%) are unaware of the...
  • March 31, 2023
    Consumer Bankers Association (CBA) President and CEO Lindsey Johnson today released the following statement after the White House endorsed several proposals that would increase regulatory requirements for the banking industry before policymakers have completed a comprehensive review of the collapses of Silicon Valley Bank and Signature Bank. “America’s leading banks are strong, resilient, and...
  • March 30, 2023
    The Consumer Bankers Association (CBA) closed out CBA LIVE 2023 yesterday with a panel discussion on what’s NEXT for banks in the wake of the Silicon Valley Bank (SVB) failure. Introducing the panel – which included former FDIC Chair Jelena McWilliams, former head of retail at PNC Neil Hall, and Brookings Institute Senior Fellow Aaron Klein – CBA President and CEO Lindsey Johnson said: “All eyes...
  • March 30, 2023
    Consumer Bankers Association (CBA) President and CEO Lindsey Johnson today released the following statement after the Consumer Financial Protection Bureau (CFPB) issued a final rule to implement Section 1071 of the Dodd-Frank Act. “The nation’s leading banks proudly serve as financiers of the American Dream across every community they serve, helping to drive economic growth and opportunity for...
  • March 29, 2023
    The Consumer Bankers Association (CBA) today announced U.S. Bank as the 2023 Joe Belew Award recipient, recognizing the bank for its efforts to reduce the wealth gap. U.S. Bank was one of 14 banks to submit applications showcasing the impact of their initiatives designed to uplift underserved communities. CBA also announced its Community Reinvestment Committee as the recipient of the Steve Zeisel...
  • March 29, 2023
    The Consumer Bankers Association (CBA) continued retail banking’s premier annual event – CBA LIVE –with thought-provoking panel discussions and keynote addresses by industry experts. CBA LIVE attendees today heard from Jennifer Roberts, CEO of Consumer Banking at Chase Bank, who spoke on how the bank is meeting the evolving needs of the people and communities they serve. On the role of brick-and-...

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