Tag Archives: campus banking

ABA, CBA Urge Education Department to Revisit Obama-Era Rule

As the Department of Education conducts the regulatory review mandated by President Trump, ABA and the Consumer Bankers Association yesterday urged the department to revisit the overly expansive final rule targeting campus bank accounts that the Obama administration finalized in October 2015.

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CFPB: Campus Credit Cards Continue Decline

Credit cards offered in conjunction with colleges, universities and affiliated organizations have continued to decline since the CARD Act was enacted in 2009, the Consumer Financial Protection Bureau said in a report today.

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CFPB: Campus Credit Cards Continue Decline

Credit cards offered in conjunction with colleges, universities and affiliated organizations have continued to decline since the CARD Act was enacted in 2009, the Consumer Financial Protection Bureau said in a report today.

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Hensarling Challenges Campus Banking Proposal

House Financial Services Committee Chairman Jeb Hensarling (R-Texas) yesterday wrote to the Department of Education challenging its proposed rule that includes some provisions regulating campus bank accounts.

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ABA, Groups Question Basis for Proposal Affecting Campus Banking

A proposed rule from the Department of Education regulating Title IV student aid credit balances includes provisions regulating campus bank accounts that may harm the students who benefit from these accounts, ABA and two other financial trade groups said in a comment letter on Thursday.

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​ABA, CBA Warn Against ‘One-Size-Fits-All’ Campus Accounts

Colleges should be able to work with banks to offer a flexible array of deposit products to their students, ABA and the Consumer Bankers Association told the Consumer Financial Protection Bureau today. The associations responded in a letter to the bureau’s draft “scorecard” for “safe” financial products to be offered on college campuses, such as deposit accounts. “The proposed scorecard ...

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