Special purpose bank charter should be subject to comment

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CUNA is concerned that the Office of the Comptroller of the Currency is considered “industry altering changes” without sufficient public consideration, it wrote to the agency Monday. The acting comptroller has stated that the OCC is considering implementing a special purpose bank charter limited to payments services.

https://news.cuna.org/articles/118209-special-purpose-bank-charter-should-be-subject-to-comment