To amend the Community Reinvestment Act of 1977 to require consideration of a depository institution's record with regard to the number and amount of fees imposed by the institution on consumer accounts and consumer transactions, and for other purposes.
Bank Fee Accountability Act of 1996 - Amends the Community Reinvestment Act of 1977 to provide that when a Federal financial supervisory agency assesses the record of a financial institution in meeting credit needs, the agency must consider the institution's record regarding fees imposed by the institution on consumer accounts and transactions, including any fee increase or decrease, and any other discernible trend in the number and amounts of such fees.
Introduced in House
Introduced in House
Referred to the House Committee on Banking and Financial Services. Government Reform and Oversight, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line