Media Releases

Press Contact

Nick Simpson
nsimpson@consumerbankers.com
202-552-6371
  • December 19, 2013
    Washington, D.C. (December 19, 2013) – Richard Hunt, president and CEO of the Consumer Bankers Association, issued the following statement after MeasureOne released “ The Private Student Loan Report – 2013 .” The report is a comprehensive study of the private student loan market, and reveals a smaller private sector student loan market and positive performance trends. “This report shows private...
  • December 12, 2013
    Washington, D.C. (December 12, 2013) – Richard Hunt, president and CEO of the Consumer Bankers Association, issued the following response to the Consumer Financial Protection Bureau’s (CFPB) release of phase one of its study on the use of mandatory arbitration clauses in connection with consumer financial products and services. The Dodd-Frank Act requires the CFPB to conduct a study of the use of...
  • December 4, 2013
    Washington, D.C. (December 4, 2013) – Today, the Consumer Bankers Association (CBA) is pleased to announce Reagan Anderson will be joining the team as Head of Congressional Affairs effective January 13, 2014. In that capacity she will also serve as a member of the management team. Most recently, she served as Vice President, Government Affairs for NYSE Euronext. “I have known Reagan since the...
  • December 3, 2013
    Washington, D.C. (December 3, 2013) – Richard Hunt, president and CEO of the Consumer Bankers Association, released the following response to the Consumer Financial Protection Bureau’s (CFPB) finalized rule “Defining Larger Participants of the Student Loan Servicing Market,” issued today: “This finalized rule is an appropriate step to ensure all major participants in the student loan servicing...
  • November 21, 2013
    Washington, D.C. (November 21, 2013) – Richard Hunt, president and CEO of the Consumer Bankers Association, released the following response to the Office of Comptroller of Currency’s guidance related to deposit advance products issued today: “The OCC’s decision will severely impact a large percent of Americans living paycheck-to-paycheck who may not have the means to provide for their families in...
  • November 20, 2013
    Washington, D.C. (November 20, 2013) – Richard Hunt, president and CEO of the Consumer Bankers Association, released the following response to the Consumer Financial Protection Bureau’s (CFPB) completion of merging the Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA) disclosures: “The CFPB has now concluded the long and difficult process of merging the TILA and RESPA...
  • November 18, 2013
    Washington, D.C. (November 18, 2013) – Richard Hunt, president and CEO of the Consumer Bankers Association, released the following response to a report issued by the Consumer Financial Protection Bureau analyzing the amount of money spent on providing financial education to consumers: “CBA’s retail banks are deeply committed to educating their customers and working with the CFPB to improve...
  • November 7, 2013
    CBA, Member Banks Honor Veterans and their Families Banks Employing Veterans, Creating Opportunities for Economic Advancement Washington, D.C. (November 7, 2013) – In honor of the service and sacrifice our nation’s active duty service members, veterans and their families, the retail banking industry has committed to a number of programs to help them as they continue their missions or transition...
  • October 22, 2013
    Washington, D.C. (October 22, 2013) – Richard Hunt, president and CEO of the Consumer Bankers Association, issued the following response after the Federal Reserve, CFPB, FDIC, OCC, and NCUA issued an interagency statement on fair lending compliance with the Ability-to-Repay/Qualified Mortgage (QM) rule: “Today’s joint statement is a welcome starting point from industry regulators. Consumers come...
  • October 16, 2013
    Washington, D.C. (October 16, 2013) – Retail banks across the country are working with consumers impacted by the U.S. Government shutdown. A number of members of the Consumer Bankers Association (CBA) have setup programs for furloughed workers including: deferred loan payments, waved fees on certain services, and interest free payroll advance loans. “Banks know this is a time of hardship for many...

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