By J. Daniel YoungFebruary 09, 2016
ORIGINAL ARTICLE CAN BE FOUND HERE.

The Director of the CFPB offered clarification on his call to actionfor financial institutions to offer accounts that can't produce a negative balance during his fifth webinar with the NCUA on Feb. 9.

NCUA Chairman Debbie Matz hosted Director Richard Cordray during the afternoon webinar in which he was quizzed on the agency’s call to action and a bulletin warning that inaccurate reporting data used in the checking account screening process could result in action by the bureau.

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