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Fair Credit Reporting Act (FCRA) Checking Accounts

Manatt, Phelps & Phillips, LLP

CFPB Tackles Checking Accounts With Compliance Bulletin, Letter to Banks

Why it matters - Taking a deep dive into the area of checking accounts, the Consumer Financial Protection Bureau (CFPB) sent a letter to 25 of the largest retail banks "encouraging them to make available and widely...more

Goodwin

Financial Services Weekly News - February 2015 #2

Goodwin on

Regulatory Developments - CFPB Announces Steps to Improve Checking Account Access - On Feb. 3, the CFPB announced that it was taking three steps to expand checking account access to the approximately 10 million...more

Ballard Spahr LLP

CFPB releases compliance costs report

Ballard Spahr LLP on

The CFPB recently released a report on the operational costs of regulatory compliance. The 176-page report is entitled “Understanding the Effects of Certain Deposit Regulations on Financial Institutions’ Operations: Findings...more

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