ICBA today called on the Federal Deposit Insurance Corp. to deny Nelnet Bank’s deposit insurance application for its proposed industrial loan corporation and impose a two-year moratorium on future ILC applications.
ICBA President and CEO Rebeca Romero Rainey issued the following statement on today’s Treasury Department report on nonbank financial services and Office of the Comptroller of the Currency announcement that it is accepting special-purpose bank charters for fintech firms.
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