To amend the Consumer Financial Protection Act of 2010 to require the Bureau of Consumer Financial Protection to develop a model form for a disclosure notice that shall be used by depository institutions and credit unions, and for other purposes.

Summary

Amends the Consumer Financial Protection Act of 2010 to require the Consumer Financial Protection Bureau to develop a model form for a disclosure notice to be used by depository institutions and credit unions to inform consumers before they open a checking account. Exempts from the requirement to use such a form any depository institutions or credit unions with total assets of less than $2 billion.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 29 April 2015

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• Introduced in House (PDF)

  Introduced in House · EN · 29 April 2015

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• Introduced in House

  summary · EN · 29 April 2015

  Open at official source

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