Media Releases

Press Contact

Nick Simpson
nsimpson@consumerbankers.com
202-552-6371
  • June 18, 2014
    CBA Elects New Members to Board of Directors Three Senior Retail Banking Executives to Help Shape Priorities and Direction of CBA Washington, D.C. (June 18, 2014) – Today, the Consumer Bankers Association’s Board of Directors approved three new members to join the Board. Joining the Board are Michael J. Aust – Comerica Bank, Nitin Mhatre – Webster Bank, and Maria Tedesco – Santander. CBA's 20-...
  • June 11, 2014
    Washington, D.C. (June 11, 2014) – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), released the following statement calling on Congress to focus on college affordability after Sen. Elizabeth Warren’s (D-MA) refinancing bill failed a cloture vote 56-38: “Private student borrowers have real options. Many private student lenders provide refinancing programs and others are...
  • June 10, 2014
    Washington, D.C. (June 10, 2014) – The Consumer Bankers Association (CBA) sent a letter today to House Financial Services Chairman Jeb Hensarling (R-TX) and Ranking Member Maxine Waters (D-CA) lauding their Committee’s efforts to increase transparency at the Consumer Financial Protection Bureau (CFPB). Today’s markup of legislation by the Committee will allow the financial services industry to...
  • June 3, 2014
    Washington, D.C. (June 3, 2014) – Richard Hunt, President and CEO of the Consumer Bankers Association (CBA), today called on the CFPB and Congress to join CBA in examining the explosion in college costs, which has helped to drive outstanding federal student debt to over $1 trillion, in advance of two Senate hearings tomorrow on the student lending market: “Since 1980, the average published...
  • June 2, 2014
    Private Student Loan Market Outperforms Federal Loan Programs Washington, D.C. (June 4, 2014) – Today, the Consumer Bankers Association (CBA) submitted testimony for the record to the Senate Banking Financial Institutions and Consumer Protection Subcommittee for the hearing entitled: Student Loan Servicing and the Borrower’s Experience . CBA’s testimony notes the strong performance of the private...
  • May 22, 2014
    Washington, 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, 2014
    Washington, 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, 2014
    Washington, 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, 2014
    Banks 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, 2014
    Washington, 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...

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