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The creation of Consumer Financial Protection Bureau and an emphasis from all regulators on unfair, deceptive, or abusive acts and practices has created new staffing demands. “Banks are scrambling to find compliance personnel with expertise in consumer protection law,” writes American Banker’s Andy Peters.
August 14
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C. Boyden Gray, the lawyer involved in the suit challenging the constitutionality of the CFPB, writes in the Washington Times that "the new regulatory regime primarily helps the big banks while placing its heaviest burdens on community banks.”
August 13
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Their regulator has achieved for them by administrative fiat what they have been unable to accomplish in Congress.
August 13
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Teachers Credit Union's TCU Member Call Center has been certified as a "Center of Excellence" by BenchmarkPortal for the second year in a row.
August 13
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Credit Union Journal has dedicated portions of the Aug. 6 issue and this current issue to helping credit unions to prepare for their 2013 Strategic Planning sessions.
August 13
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Alternative revenue is the subject of a new white paper sponsored by CUNA's Operations, Sales & Service Council.
August 13
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To make your planning more effective, consider these components:
August 13
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Regulators currently entrusted with the task of policing Wall Street are facing a well-funded, well-connected and politically shrewd beast.
August 13
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Yes, the Wisconsin Republican opposed Dodd-Frank and supports the limited government that many bankers crave. But he'll also help harden the views of an electorate that's already leaning Obama's way.
August 13
American Banker -
Many in the industry have criticized the length — 1,400 pages — of the CFPB’s recently proposed rule on mortgage disclosure forms and fees. Why so many pages in order to get simpler forms?
August 13