Media Releases

Press Contact

Nick Simpson
nsimpson@consumerbankers.com
202-552-6371
  • 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...
  • November 5, 2014
    Washington, D.C. (November 5, 2014) – CBA’s President and CEO Richard Hunt issued the following statement on the 2014 midterm elections: “Last night’s election gives new opportunity to break the gridlock in Washington. American consumers want Congress to work together with the President to enact commonsense reforms to our nation’s regulatory regime. Five years on from the enactment of Dodd-Frank...
  • October 29, 2014
    Washington, D.C. (October 29, 2014) – Today, the Consumer Bankers Association (CBA) and other financial trade associations submitted a letter to the CFPB in response to their request for comment on proposed amendments to Regulation C to implement amendments to Home Mortgage Disclosure Act (HMDA). While the joint trades support the purpose of HMDA -- to provide information on the availability of...
  • October 23, 2014
    CBA and AOL Finance Optimism Index Jumps 11 Points in September Reaches Highest Level since Index Began Washington, D.C. (October 23, 2014) – The Consumer Bankers Association (CBA) and AOL Inc. (AOL) monthly Finance Optimism Index jumped 11.1 points in September, reaching its highest level since the Index began in 2013. September saw lower gas prices and strong performance in the stock market,...
  • October 21, 2014
    New York, N.Y. (October 21, 2014) – CBA’s President and CEO Richard Hunt sat down with American Banker’s Editor-in-Chief Marc Hochstein to discuss the changes he would like to see made to the Consumer Financial Protection Bureau (CFPB) in the next Congress. About CBA Founded in 1919, the Consumer Bankers Association (CBA) is the trade association for today's leaders in retail banking - banking...
  • October 17, 2014
    CBA Statement on President’s Actions on Consumer Financial Security Washington, D.C. (October 17, 2014) – CBA’s President and CEO Richard Hunt issued the following statement in response to the planned announcement by President Barack Obama on several steps related to data security and consumer financial transactions: “We support the White House for recognizing the importance of protecting...
  • October 15, 2014
    Washington, D.C. (October 15, 2014) – CBA’s General Counsel Steve Zeisel issued the following statement in response to the Annual Report of the CFPB’s Student Loan Ombudsman: “The private student loan market is a small but integral part of how some students meet their education financing needs. With a sustained and incredibly low default rate of less than 3%, private student loans far outperform...
  • October 8, 2014
    Washington, D.C. (October 8, 2014) – CBA’s President and CEO Richard Hunt issued the following statement after CFPB Director Richard Cordray delivered remarks at a CFPB forum today which focused on checking accounts. “CBA strongly believes all U.S. consumers should have access to checking accounts with upfront fee disclosures and clear terms. Our members make every possible effort to open...

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