CFPB Updates TILA Thresholds
WASHINGTON, — The Consumer Financial Protection Bureau issued a final rule amending the official interpretations for Regulation Z, which implements the Truth in Lending Act, to update the dollar amounts of various thresholds that it must adjust annually. Details: Under the final rule: The threshold that triggers requirements to disclose minimum interest charges will remain unchanged at $1….
Lancaster County Banker Appointed to National Council for Community Bank Leaders
BIRD-IN-HAND, Pa. — The American Bankers Association has selected Lori A. Maley, CPA, President, CEO and Vice Chairman of Bank of Bird-in-Hand, to serve on ABA’s Community Bankers Council. Ms. Maley attended the ABA Community Bankers Council meeting in Washington, November 14-16. Bankers had discussions on the impacts of mid-term elections results, legislative priorities for…