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Browsing: Military banking
CFPB Seeks Clear Authority to Supervise for MLA Compliance
The Consumer Financial Protection Bureau today called on Congress to grant the bureau clear authority to supervise for Military Lending Act Compliance.
ABA Unveils New ‘Basic Bank Training’ for Servicemembers, Military Spouses
The American Bankers Association today launched a new training initiative designed help veterans, active-duty service members and military spouses transition to careers in banking.
Serving the Ones Who Serve Our Country
How banks are helping service members build their financial futures—and post-military careers, too.
ABA Unveils New Training for Military Veterans
To help encourage military veterans and active-duty military spouses to transition to banking as a career, the American Bankers Association today announced that it is launching a new suite of online training courses — available for free to ABA member banks — called “Transitioning Careers: Basic Bank Training for Veterans.”
ABA Urges Lawmakers to Include Military Banking Provision in Final NDAA Bill
As House and Senate lawmakers work to reconcile their versions of the FY 2019 National Defense Authorization Act, ABA — along with the Independent Community Bankers of America and the Association of Military Banks of America — today wrote to conference committee members urging them to include in the final bill a House provision that would level the playing field between credit unions and banks serving military bases.
Bankers Spread Awareness for New Military Retirement Plan
The ABA Foundation is proud to support the financial readiness and success of our service member customers and their families.
ABA Calls for Changes to MLA Interpretive Rule Amendments
In a comment letter to the Department of Defense today, ABA called on the Pentagon to repeal a section of the amendments to its Military Lending Act interpretive rule relating to service members’ ability to finance the purchase of Guaranteed Acceptance Protection insurance with a loan used to purchase the vehicle.
DOD Amends MLA Interpretive Rule
The Department of Defense has released changes to its 2016 interpretive rule clarifying certain provisions of the Military Lending Act regulation.
Pentagon: No Delay for Credit Card Provisions of MLA Rules
The Department of Defense last week denied a request by ABA and several financial trade groups to postpone the effective date of the amended Military Lending Act rules for credit card accounts.