American Bankers Association
American Bankers AssociationSupportTrade association
Summary: The American Bankers Association and 52 state and territorial bank associations support the OCC's interim final rule and order regarding national bank non-interest charges and fees. They argue that these actions provide necessary regulatory certainty by preempting state laws, such as the Illinois Interchange Fee Prohibition Act, which they claim could lead to a "balkanization" of the uniform national payments ecosystem.
Joint comment by American Bankers Association and 52 state and territorial bank associations