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Category: Blog

What you need to know to get money from the settlement with BancorpSouth Bank for alleged discrimination

The BancorpSouth Settlement Administrator recently mailed packets to identified consumers with instructions for how to take part in the settlement. If you think you are eligible, you should look for a packet in the mail and follow the instructions.

Published
Category: Speech

Prepared Remarks of CFPB Director Richard Cordray at the NAACP Annual Convention

Thank you and let me welcome you all to my home state, the Buckeye State of Ohio. In particular, I thank President and CEO Cornell William Brooks and Chairman Roslyn Brock for inviting me to be with you today. I am also glad to be here with your Washington Bureau Director, Hilary Shelton, who has become a close friend from our work together. 

Published
Category: Blog

La delimitación ilegal: Acción del CFPB y del Departamento de Justicia requiere que el banco BancorpSouth pague millones de dólares a consumidores perjudicados

El banco BancorpSouth pagará $10.6 millones para responder al problema de la delimitación ilegal y otras alegaciones de discriminación, luego de que por primera vez  el CFPB utilizara a personas encubiertas para ayudar a respaldar dichas alegaciones de discriminación.