Financial literacy

Comerica names new chief credit officer in latest management shake-up

01/23/20

The promotion of Melinda Chausse was one of several leadership changes the Dallas company announced this month.

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‘Absolute scam’: Complaints about credit monitoring plans flood CFPB

10/20/19

Regulators have long warned the credit bureaus about deceptive marketing that causes consumers to sign up unwittingly for paid monitoring services. But the practice has persisted, according to complaint data.

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House votes to protect VA loans, promote counseling for FHA borrowers

07/10/19

The chamber passed a bill that would clarify how certain loans backed by the Department of Veterans Affairs are securitized, and legislation encouraging first-time homebuyers to participate in counseling programs.

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CFPB chief’s equal-opportunity calendar

06/17/19

In her first four and a half months, Kathy Kraninger met with lawmakers more than twice as often as her predecessor, but her schedule demonstrates willingness to meet with industry and policy stakeholders from various camps.

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SunTrust, BB&T plan parting gifts to their hometowns

06/05/19

The merging banks, whose new headquarters would be Charlotte, N.C., will each double their charitable giving over the next three years in Atlanta and Winston-Salem, N.C.

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Suspense builds on new brand for BB&T-SunTrust

05/30/19

SunTrust CEO Bill Rogers on Thursday explained the direction he and BB&T chief Kelly King are going with the new name, but gave no hints on what it is or when it will be unveiled.

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Jacqueline Howard, Ally Financial | Most Powerful Women: Next

04/28/19

Jacqueline Howard's personal interest in helping close the wealth gap prompted her to steer Ally Financial toward a more concerted effort on this front.

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JPM exec shuffle, U.S. Bank’s first digital chief, CFPB and debt collection: Top stories of the week

04/19/19

Whether JPMorgan tipped its hand on a succession plan; U.S. Bank hires its first chief digital officer; all eyes on CFPB as it modernizes its debt collection rules; and more from this week’s most-read stories.

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Kraninger outlines her vision for a revamped CFPB

04/17/19

In her first policy speech since being confirmed as the agency's director, Kathy Kraninger promised less focus on enforcement actions and more emphasis on consumer education.

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The problem with Financial Literacy Month

04/15/19

Financial education programs have been shown to be largely ineffective. What low-income consumers really need from banks are better products and more tailored advice.

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