Lawsuit: FDIC lacked authority to issue NSF requirement

Published on

The Minnesota Bankers Association and Annandale, Minn.-based Lake Central Bank have filed a federal lawsuit against the FDIC alleging the agency lacked statutory authority to require banks to retroactively evaluate their non-sufficient funds policies.  

Loading content, please wait...
BankNews - Current news on the Banking Industry and Fintechs
banknews.com