The FDIC must avoid partnerships that evade State guidelines and victimize people

The FDIC must avoid partnerships that evade State guidelines and victimize people The FDIC should never sanction therefore called “rent-a-bank” schemes, where banking institutions fast online payday loans Gahanna partner with state-regulated loan providers so that you can facilitate loans that are high-rate would otherwise become unlawful. These schemes jeopardize current state rules and certainly