Media Releases

Press Contact

Billy Rielly
brielly@consumerbankers.com
  • May 1, 2019
    CBA Calls for National Data Security, Breach Notification Standards Notes banks’ commitment to consumer privacy, low-rate of bank data breaches “Banks are on the front lines consistently monitoring for fraud and working to make consumers whole, no matter where a breach occurs … As a result, consumers rely on their financial institutions to communicate what to do in the event of a breach and to...
  • April 30, 2019
    CBA Writes Senate Banking Committee on Guidance, Supervision, Regulatory Coordination Letter restates support for GUIDE Act, CFPB Supervision of Nonbanks WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt wrote Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Sherrod Brown (D-Ohio) to discuss the use of proper regulatory guidance, the need for...
  • April 29, 2019
    CBA: Banks Can Offer Responsible Short-Term Credit Options WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt today wrote House Financial Services Consumer Protection and Financial Institutions Subcommittee Chair Gregory Meeks (D-N.Y.) and Ranking Member Blaine Luetkemeyer (R-Mo.) on the important role banks can play in helping Americans in need of emergency funds. The...
  • April 17, 2019
    CBA Statement on Kraninger’s Vision for the CFPB WASHINGTON – Consumer Bankers Association President and CEO Richard Hunt released the following statement after Consumer Financial Protection Bureau Director Kathy Kraninger outlined her vision for the Bureau: “CBA members welcome Director Kraninger’s common-sense, principled approach to the CFPB’s direction and her commitment to serve as an...
  • April 16, 2019
    CBA Applauds Dept. of Education for Pro-Student Financial Aid Recommendations WASHINGTON – The Consumer Bankers Association (CBA) today commended the Department of Education’s new recommendations for changing the way schools advise prospective and current students about financial aid. The Department’s announcement, via the Information for Financial Aid Professionals system, includes many of the...
  • April 10, 2019
    CBA’s Hunt Discusses Strength, Benefits of Nation’s Largest Banks Says House Financial Services Committee Hearing “is a great opportunity for the CEOs to appear before the public and stress how much different the banking industry is versus 10 years ago. We are very positive about the future of banking.” WASHINGTON, D.C. – Consumer Bankers Association President and CEO Richard Hunt today discussed...
  • April 9, 2019
    CBA Comments on House Community Reinvestment Act Hearing “We believe the purpose of any reforms to CRA should be to enhance its effectiveness, and ensure its continued value to all communities banks serve, including low- and moderate-income areas” WASHINGTON, D.C. – The Consumer Bankers Association today wrote House Financial Services Committee Chairwoman Maxine Waters (D-Calif.) and Ranking...
  • April 2, 2019
    Woodforest National Bank Wins CBA’s 2019 Joe Belew Award WASHINGTON, D.C. – The Consumer Bankers Association (CBA) today presented the ninth annual Joe Belew Award to Woodforest National Bank for its Woodforest Foundry program. The 2019 Joe Belew Award was presented to the CBA member-bank applicant with the most innovative and impactful small business initiatives, highlighting its “Currency of...
  • March 25, 2019
    CBA Calls for Bipartisan Commission at CFPB, Other Reforms H.R. 1500 would be unnecessary if CFPB were run by bipartisan commission WASHINGTON – The Consumer Bankers Association today wrote House Financial Services Chairwoman Maxine Waters and Ranking Member Patrick McHenry in advance of the committee’s markup of H.R. 1500, the Consumers First Act. In addition to stressing the need for an...
  • March 18, 2019
    CBA Statement on White House Higher Education Act Reform Principles CBA poll shows Americans support Administration’s call to place responsible caps on federal student loans to allow access to higher education while preventing overborrowing WASHINGTON, D.C. – The Consumer Bankers Association today released the following statement supporting many of the reforms the Administration outlined in the...

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