Special Release

small business loan

Dodd Frank Section 1071 Small Business Data Collection Rule Postponed

On June 18, 2025, the CFPB published an interim final rule effective on July 18, 2025, postponing the effective date of Regulation B implementation of the Section 1071 Small Business Data Collection Rule. The summary states: In light of court orders in ongoing litigation, the Consumer Financial Protection Bureau (CFPB or Bureau) is amending Regulation […]

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Have you updated your Illinois Community Reinvestment Act Lobby and Website Notice?

If you are a federally chartered institution or a state-chartered institution in any state OTHER than Illinois, you can stop reading here unless you are interested. Like some other states, Illinois passed their own Community Reinvestment Act statute in March of 2021 which can be found at 205 ILCS 735. Part of that law requires

Have you updated your Illinois Community Reinvestment Act Lobby and Website Notice? Read More »

Do You Need Compliance Help?

We’re here to review your current compliance strategy and help you find A Better Way to manage risk.

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800-934-REGS

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[email protected]

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Oak Brook, IL 60523

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