Questions surrounding Eric Blankenstein, a senior CFPB official whose racially charged writings from over a decade ago have led to calls for his resignation, have been referred to the agency's watchdog.
Many community banks face the same challenges that drove AJS Bancorp to become a seller, but few if any would go to the lengths that it did to seek a buyer.
As financial institutions struggle to regain public trust, they need to find more systematic ways to gauge how their work impacts consumers and communities.
