Media Releases
May 22, 2014Washington, D.C. (May 22, 2014) – The Consumer Bankers Association (CBA) and AOL Inc. (AOL) monthly Finance Optimism Index has found consumer’s finance optimism rose slightly in April to -4.8. The uptick is related to a decrease in concern surrounding their current financial situation, with 62 percent of all survey respondents in April stating they were concerned with their current financial...
May 20, 2014Washington, D.C. (May 20, 2014) – Richard Hunt, President and CEO of the Consumer Bankers Association, issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) announcement that it will begin opening up meetings of its Consumer Advisory Board and councils to the American public: “We agree with Director Cordray – ‘Sunlight can be the best disinfectant, and...
May 6, 2014Washington, D.C. (May 6, 2014) – Richard Hunt, President and CEO of the Consumer Bankers Association, issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) proposed rule to ease privacy disclosure requirements for financial institutions that limit the amount of customer data they share with outside firms: “Many consumers already access account notices and...
May 5, 2014Banks Provide Financial Education, Account Perks and Host Community Initiatives Washington, D.C. (May 5, 2014) – Members of the Consumer Bankers Association (CBA) are displaying their commitment to our nation’s senior citizens throughout May, recognized as Older Americans Month, and around the year with an array of programs and benefits. Among the initiatives carried out by CBA members include:...
April 24, 2014Washington, D.C. (April 24, 2014) – The Consumer Bankers Association (CBA) and AOL Inc. (AOL) monthly Finance Optimism Index has found a decrease in consumer optimism. In March 2014, the index dropped for the second month in a row to -6.2, a decline of 3.6. This came as a result of Americans becoming more concerned about their current personal financial situation. With the impending Federal...
April 21, 2014Washington, D.C. (April 21, 2014) – Richard Hunt, president and CEO of the Consumer Bankers Association, issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) study regarding private student loan repayment following the death of a cosigner: “When tragic circumstances occur, CBA members work with their customers carefully and compassionately. For example,...
April 15, 2014Washington, D.C. (April 15, 2014) – Richard Hunt, president and CEO of the Consumer Bankers Association, issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) proposed revisions to its international money transfer rule. “We appreciate the CFPB’s recognition of the complexity of disclosures associated with international money transfers. This action will...
April 8, 2014Washington, D.C. (March 21, 2014) – CBA LIVE 2014: Red, White + Banking – the fifth annual CBA LIVE event was a resounding success with over 1,200 attendees from 70 national and regional banks and across the retail banking industry. Below are highlights of the event, including: key data points, quotes from the event, audience poll questions, news from the conference, and press releases. Save the...
April 1, 2014National Harbor, MD (April 1, 2014) – Research from the Finance Optimism Index launched today by the Consumer Bankers Association (CBA) and AOL Inc. (AOL) shows that Americans are less concerned about their current financial situation since the end of the government shutdown in October 2013. Together with the CBA, AOL has been conducting research over the past year to better understand consumer...
April 1, 2014Recognized 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...
