NPA Voices Concerns On Bank Discontinuance in America

– Fran Bishop, government relations liaison with the National Pawnbrokers Association and a past president of the NPA, recently published an opinion editorial in the BANKTHINK section of AmericanBanker.com. The letter addresses pawnbrokers’ frustration and concerns about recent bank discontinuance within the pawn industry. Read full editorial here: www.americanbanker.com/bankthink/banks-overreact-to-risk-and-pawnbrokers-pay-the-price-1073869-1.html

AmericanBanker.com Journalist, Sarah Todd, published a related article exploring the topic further, Pawnbrokers Fight Back in Wake of Bank Account Closures. (Insert Link or PDF)

– Barbara Hagenbaugh, deputy to the chairman for communications at the Federal Deposit Insurance Corp., published a response to Fran Bishop’s opinion editorial, FDIC Responds: Banks Must Manage Client Risk on Case-by-Case Basis. The full article can be read here: http://www.americanbanker.com/bankthink/banks-should-weigh-customers-risk-on-case-by-case-basis-1073979-1.html?zkPrintable=true