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Home » Store » News » Regulators Issue Guidance for State-Chartered Banks

Regulators Issue Guidance for State-Chartered Banks

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State-chartered banks should carefully consider their strategies for marketing high cost loans, new guidance from the Federal Reserve Board and the Federal Deposit Insurance Corp. The guidance, issued last week, spells out the guidelines the agencies will use to determine if a bank is engaged in unfair or deceptive trade practices. Perhaps more importantly, it lays out a best practices scheme that the agencies say can help banks stay
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