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CFPB orders Regions to pay $7.5M overdraft penalty

CBA SmartBrief | Apr 29, 2015

The Consumer Financial Protection Bureau issued a consent order for Regions Financial, requiring the bank to pay a $7.5 million penalty for violating overdraft rules. This is the first overdraft fine by CFPB. The bank has already refunded $49 million in charges to its customers. Hill, The (04/28) Wall Street Journal (tiered subscription model), The (04/28) Bloomberg (04/28)


Appeals court rejects company's CFPB challenge

CBA SmartBrief | May 04, 2015

Google search change means banks must rethink site design

CBA SmartBrief | Apr 29, 2015

More homeowners are increasing loan amounts through refinancing

CBA SmartBrief | May 01, 2015

Huntington pursues branch expansion even as it boosts online efforts

CBA SmartBrief | Apr 30, 2015

What traditional banks can learn from neobanks

CBA SmartBrief | Apr 28, 2015

Big financial players embrace peer-to-peer lending

CBA SmartBrief | May 01, 2015

The leader's self-improvement checklist

CBA SmartBrief | Apr 29, 2015

Discover announces participation in Apple Pay

CBA SmartBrief | Apr 28, 2015

Study: Banks can win more business with broader advice, services

CBA SmartBrief | Apr 30, 2015


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An article in Tuesday's American Banker states just three banks were closed in March 2011, the lowest monthly count since December 2008. Given the recent slow down in bank closings and the 884 banks still on the FDIC's "problem" list, how do you expect the rest of 2011 to look with regards to bank closings?

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