Media Releases

Press Contact

Nick Simpson
nsimpson@consumerbankers.com
202-552-6371
  • January 28, 2015
    The Consumer Bankers Association (CBA) and AOL Inc. (AOL) monthly Finance Optimism Index rose 2.2 points month over month to end 2014 at 0.0. Together with the CBA, AOL has been conducting research to better understand consumer attitudes about their finances. Throughout the year the Index has fluctuated across positive and negative territory, mainly staying in the red before trending upward since...
  • January 20, 2015
    CBA’s President and CEO Richard Hunt issued the following statement after the U.S. Supreme Court decided not to disturb the court of appeals decision in NACS v. Board of Governors of the Federal Reserve System. The court of appeals previously rejected the retailers’ efforts to increase further the $6 billion annual windfall they secured with the promulgation of the Fed’s interchange price cap...
  • January 14, 2015
    CBA’s President and CEO Richard Hunt issued the following statement after the CFPB released a request for input on a “Safe Student Account Scorecard.” “CBA’s members pride themselves on the transparent relationships they maintain with a number of higher learning institutions and their students. Many of the concerns outlined in the CFPB’s request for information are based on an antiquated study...
  • January 6, 2015
    CBA Builds Out Congressional Affairs Team Bipartisan Hires Prepare CBA for Action during 114th Congress Washington, D.C. (January 6, 2015) – The Consumer Bankers Association (CBA) has hired three new team members to prepare for the 114th Congress. The bipartisan hires all come with significant Capitol Hill experience and will be led by CBA’s Senior Vice President of Congressional Affairs, Reagan...
  • January 5, 2015
    Washington, D.C. (January 5, 2015) – The Consumer Bankers Association (CBA) and AOL Inc. (AOL) monthly Finance Optimism Index rose to -2.2 in November, gaining from October and showing rising consumer financial optimism as the holiday season began. Americans’ optimism about their personal financial future remained relatively stable with a one point increase. Worry about current financial...
  • December 17, 2014
    Washington, D.C. (December 17, 2014) – Richard Hunt, president and CEO of the Consumer Bankers Association, issued the following statement after MeasureOne released “The Private Student Loan Report – Q3 2014.” The report is an update to previously released comprehensive studies of the private student loan market, and reveals continued positive performance trends. “This latest report by MeasureOne...
  • December 15, 2014
    Washington, D.C. (December 15, 2014) – CBA’s President and CEO Richard Hunt issued the following statement in response to today’s release of the CFPB report on College Credit Card Agreements: “We agree students need clear information to make intelligent choices that will benefit their experience with financial services and products. Banks and schools often work together to provide students with...
  • December 2, 2014
    CBA and AOL Finance Optimism Index Falls 9.4 Points in October Erases Index Record High from September Washington, D.C. (December 2, 2014) – The Consumer Bankers Association (CBA) and AOL Inc. (AOL) monthly Finance Optimism Index dropped to -5.3 points in October, erasing gains from September, which saw the Index’s highest point to date. Americans’ level of optimism declined across all four...
  • November 13, 2014
    Washington, D.C. (November 13, 2014) – CBA’s President and CEO Richard Hunt issued the following statement after the CFPB announced their proposed rule on prepaid products: “Prepaid cards improve access to financial services for consumers and empower them with a convenient and low cost product. CBA has long supported clear and informative disclosure of fees and account terms for prepaid cards and...
  • November 10, 2014
    Washington, D.C. (November 10, 2014) – The Consumer Bankers Association today submitted comments to the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency and the Federal Reserve Board regarding the proposed revisions to the Community Reinvestment Act Q&A, the vehicle collectively used by the agencies to interpret regulations. Among other points, the comments...

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