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The Consumer Bankers Association ( CBA) is a U.S. trade organization representing financial institutions offering retail lending products and services. [ 1] It was originally founded in 1919 as the National Morris Plan Bankers Association and changed its name to the Consumer Bankers Association in 1947.
List of industry trade groups in the United States This is a list of notable industry trade groups in the United States.
The Consumers Bankers Association, which represents many of the nation's largest credit card issuers, calls the $8 limit a "misguided campaign" with far-reaching harmful consequences for many ...
The Biden administration is seeking to impose a new limit on the typical credit card late fee, but the consumer credit and banking industry warns the change could ultimately affect other consumers ...
American Bankers Association. The American Bankers Association (ABA) is an American trade association for the U.S. banking industry, founded in 1875. They lobby for banks of all sizes and bank charters, including community banks, regional and money center banks, Federal savings associations, mutual savings banks, and trust companies.
Sens. Roger Marshall, R-Kan. and Dick Durbin D-Ill, have introduced Senate Bill 4674, legislation expanding government routing mandates to the credit card market.
Consumer organization. Consumer organizations are advocacy groups that seek to protect people from corporate abuse like unsafe products, predatory lending, false advertising, astroturfing and pollution. Consumer Organizations may operate via protests, litigation, campaigning, or lobbying.
It’s a big business for banks. The Consumer Financial Protection Bureau estimates that, each year, Americans pay a whopping $120 billion in credit card interest and fees.