Citizens Bank, N.A. Argues Sustained Overdraft Fees Aren’t Interest
Rhode Island-based Citizens Bank, N.A, is requesting an appeals court to affirm a Massachusetts federal judge’s decision to dismiss a proposed class action lawsuit that alleges the bank’s sustained overdraft fees are actually illegal interest charges. Citing a 2007...
The OCC Seeks Changes to the Community Reinvestment Act
← Previous Article Next Article → Last week, the Office of the Comptroller of the Currency (OCC) issued an advance notice of proposed rulemaking (ANPR) seeking public input on how to modernize the Community Reinvestment Act (CRA). Those who are interested...
Statement: NAFSA Comments on Proposed CFPB Lending Rule
WASHINGTON, DC (June 2, 2016) – Following the release of a notice of proposed rulemaking by the Consumer Financial Protection Bureau (CFPB) covering certain consumer lending products, Barry Brandon, Executive Director of the Native American Financial Services...
