CBA’s Hunt on Otting Announcement

Nick Simpson

CBA’s Hunt on Otting Announcement

 

WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt issued the following statement after Joseph Otting announced he was stepping down as the 31st Comptroller of the Currency:  

 

“As the first comptroller in more than 30 years with banking experience, Joseph Otting brought not only a clear vision of what he wanted to accomplish but also real-world banking experience. Comptroller Otting came with clear goals in mind and during his tenure improved the efficiency of the OCC, encouraged banks to reenter the small-dollar lending space and laid out his roadmap for a modernized CRA.”

 

###

 

About the Consumer Bankers Association:

The Consumer Bankers Association represents America’s leading retail banks. We promote policies to create a stronger industry and economy. Established in 1919, CBA’s corporate member institutions account for 1.7 million jobs in America, extend roughly $4 trillion in consumer loans and provide $275 billion in small business loans annually. Follow us on Twitter @consumerbankers.