Testimony of Tom Feltner before the Office of Thrift Supervision on the tax lending activity of Republic Bank and Trust

Dec 18, 2008
  • Description

Testimony presented to the Office of Thrift Supervision opposing Republic Bancorp's application for a charter conversion from a bank holding company to a savings and loan holding company. Discusses the impact of the RAL product on lower-income Chicago communities and need to eliminate the refund anticipation loan product or require additional consumer protections.