Read more about Commissioner Requests Assistance to Stop Illegal Online Payday Loans

The attached letter from Commissioner of Business Oversight Jan Lynn Owen requests that state chartered banks and credit unions work with the Department to cut off access to California customer bank and credit union accounts for illegal (unlicensed) payday lenders.... Read MoreRead more about Commissioner Requests Assistance to Stop Illegal Online Payday Loans

Read more about State Banks and Credit Unions Warned of Illegal Payday Loan Risks

State Banks and Credit Unions Warned of Illegal Payday Loan Risks Download this press release (PDF)SACRAMENTO (October 7, 2013) – The California Department of Business Oversight (Department) hasalerted banks and credit unions of the Department’s ongoing efforts to... Read MoreRead more about State Banks and Credit Unions Warned of Illegal Payday Loan Risks

Read more about State Regulators, CSBS, and Federal Reserve System Release Community Banking Report

October 3, 2013 This afternoon,the Conference of State Bank Supervisors (CSBS) and the Federal Reserve System, released Community Banking in the 21st Century: Opportunities, Challenges and Perspective (PDF), a first-of-its-kind report on the challenges and... Read MoreRead more about State Regulators, CSBS, and Federal Reserve System Release Community Banking Report