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CFPB: Most consumer complaints target credit reports
The CFPB said more than three-quarters of its consumer complaints in 2022 focused on credit or consumer reporting, primarily related to inaccurate information on consumer credit reports.
ICBA, state associations urge opposition to credit card routing bill
ICBA and 44 state community banking associations called on members of Congress to oppose the Credit Card Competition Act (S. 1838/H.R. 3881) while ICBA continues its grassroots campaign against the...
CFPB, OCC penalize BofA for re-presentment fees, other practices
The Consumer Financial Protection Bureau and OCC announced penalties against Bank of America for assessing multiple overdraft and non-sufficient-funds fees against customers for a single...
ICBA Announces Launch of Online Community Exclusively for Members
ICBA today announced the launch of ICBA Community—an online platform that provides professional networking and discussion opportunities exclusively for community bankers.
Texas Community Banker Elected to ICBA Securities Board
ICBA Securities Inc.®, the broker-dealer subsidiary of the ICBA, today announced the election of Gabriel Guerra, president and CEO of Kleberg Bank in Corpus Christi, Texas, to the ICBA Securities...
ICBA to CFPB: Guidance on abusive conduct doesn’t acknowledge other regulations
The CFPB’s policy statement that explains the legal prohibition on abusive conduct in consumer financial markets fails to acknowledge the myriad rules and regulations that apply to insured...
ICBA, groups support permanent Sub S tax deduction
ICBA and other groups expressed support for legislation to make permanent the 20% Section 199A deduction for small and individually owned businesses.
CFPB hearing targeting medical billing
The Consumer Financial Protection Bureau said it will host a hearing next week on medical billing and collections issues, including medical credit cards and installment loans.