Banking

Banking Policy Analysis

Banking Policy Briefs, Reports & Press Releases

Policy Brief: Introduction to Account Screening Consumer Reporting Agencies, October 2014
Banking Regulators: Banks should stop unauthorized debits from customer accounts, Sept. 29, 2014
Debt Collection: Groups Applaud New Guidelines for Banks Selling Consumer Debt, Aug. 12, 2014
Issue Brief: 300% Bank Payday Loans Spreading, August 2011 Group Comments to the Federal Banking Regulator (OCC) Opposing High Overdraft Fees and 300% Interest Bank Payday Loans, August 8, 2011
Issue Brief: Features of a Safe Basic Banking or Prepaid Card Account, December 2010

Banking Comments

Testimony of Lauren Saunders before the Financial Institutions and Consumer Credit Subcommittee of the House Financial Services Committee on Examining Regulatory Relief Proposals for Community Financial Institutions, Part II (July 15, 2014), discussing support for Operation Choke Point and opposition to H.R. 4986 (Luetkemeyer), July 15, 2014

Comments to HHS on restrictions on direct deposit of TANF, May 7, 2014

Comments urging Fed to ban remotely created checks, Dec. 13, 2013

Comments to FTC on proposed amendments to Telemarketing Sales Rule banning use of remotely created checks and other payment instruments, Aug. 2, 2013.

Comments supporting collection of data on overdraft, monthly and ATM fees, May 6, 2013

Comments on the Treasury Department’s proposal to mandate all electronic deposits by 2013, August 16, 2010

Comments to Treasury Proposed Rule on Garnishment of Federal Benefit Payments, June 18, 2010

Comments to the FDIC re: Basic Checking and Savings Accounts, June 7, 2010

Comments to the Social Security Administration Regarding the Use of Master and Sub Accounts and Other Account Arrangements for the Payment of Benefits Docket No. SSA 2008-0023, June 20, 2008
Comments to the Federal Regulators on the InterAgency Guidance on Exempt Benefits, November 27, 2007
Comments of the NCLC and NACA Regarding Advance Notice of Proposed Rulemaking Relating to Unfair or Deceptive Acts or Practices, November 6, 2007

Banking Letters & Testimony

​Coalition letter to regulators on responsibilities of consumers' banks (RDFIs) re stopping unauthorized charges and closing accounts, Sept. 29, 2014.
Letter to House of Representatives supporting Operation Choke Point and other work against payment fraud, July 15, 2014

Letter to DOJ applauding work against payment fraud (including illegal payday payments), Jan. 14, 2014

Letter in Support of Freedom and Mobility in Consumer Banking Act (Miller), July 27, 2010

Testimony re Protecting Social Security Benefits from Predatory Lending and Other Harmful Financial Institution Practices, June 24, 2008

Frozen Out: A Review of Bank Treatment of Social Security Benefits, Testimony before the Committee on Finance and Appendices to Testimony, September 20, 2007

Banking Additional Resources

video iconNCLC attorney Lauren Saunders discusses financial products marketed to college students (see 1:51) at a Consumer Financial Protection Bureau hearing, October 2013.

Policy Analysis Archive