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LITTLE ROCK, Ark.—Issues related to a proposal that would give the Small Business Administration authority to make loans directly as well as related to the postal banking pilot program were raised during a discussion involving NAFCU and three Arkansas credit unions met and Sen. John Boozman (R-AK).

WASHINGTON—The Consumer Financial Protection Bureau has finalized an enforcement action against Bank of America that has resulted in a $10 million fine.  The CFPB said the fine was for processing illegal, out-of-state garnishment orders against its customers’ bank accounts.

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Corner Annual Reviews Graphic

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