CFPB Penalty Against VyStar Credit Union Exemplifies Consumer Impact of Tax-Exempt Industry's Lagging Regulatory Oversight
October 31, 2024
October 31, 2024
WASHINGTON, Oct. 31 [Category: Financial Services] -- The Independent Community Bankers of America issued the following news release:
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement after the Consumer Financial Protection Bureau took action against VyStar Credit Union for harming consumers through its botched rollout of a new online banking system. According to the CFPB, VyStar transitioned to a new, dysfunctional . . .
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement after the Consumer Financial Protection Bureau took action against VyStar Credit Union for harming consumers through its botched rollout of a new online banking system. According to the CFPB, VyStar transitioned to a new, dysfunctional . . .