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Petition for Simple Checking Account Disclosure

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Petition to the Consumer Financial Protection Bureau in Simple One-Page Checking Account Disclosure

The Pew Charitable Trusts has urged the government to protect us against banks that take advantage of consumers. It has urged that banks be required to submit a simple, easily understandable and comprehensive breakdown of our fees and our rights when we have a checking account. We strongly support this. Many of us, or our friends or our relatives do not have checking accounts because of bank abuses. 

We are prepared to testify on behalf of this simple checking account form anywhere in the State of California, if you wish to hold hearing. We urge you to do so.

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The National Asian American Coalition (NAAC) is a HUD-approved nonprofit organization, with a focus on sustainable homeownership, Asian American diversity, consumer and small business development. NAAC advocates in the halls of Congress, in the California legislature and key federal legislators such as the Federal Reserve, FDIC, FTC, FCC and SEC and among today’s Fortune 500 corporations. The National Asian American Coalition is a 501(c)3 Non-Profit Organization, a HUD-Approved Housing Agency and an IRS Approved VITA site.

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