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AFSA News Briefs
A weekly executive summary of AFSA initiatives and consumer credit articles.
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Industrial Bank Resource Center
Background Information on Industrial Banks, including FAQs and articles
Industry News

  • Viewpoint: On Red Flag Rules, Don't Expect Grace Period
    October 30, 2008

  • Regulators will start appraising institutions' compliance with the new Red Flag Rules during examinations that begin after Nov. 1.

  • 212,000 Borrowers Avoid Foreclosure in Sept.
    October 30, 2008

  • Hope Now helped a record 212,000 borrowers avoid foreclosure last month. That brings the total number of homeowners mortgage lenders have helped since the summer of 2007 to nearly 2.5 million.

  • Study Examines Valley Hispanics' Financial Literacy
    October 30, 2008

  • The financial literacy of and status of the Hispanic demographic in California's central San Joaquin Valley is being studied by the Center for Economic Research and Education of Central California at California State University, Fresno.

  • White House Says Auto Finance Arms May Get Bailout: Reports
    October 30, 2008

  • According to White House spokesperson Dana Perino, some U.S. auto makers' financing arms could be eligible to receive aid from the $700 billion Troubled Asset Relief Program. Furthermore, Perino said, the White House has already approved $25 billion in loans to General Motors, Ford Motor, and Chrysler LLC, and is trying to release the money as soon as possible.



Legaslative News
  • Why the Market Should Set Credit Card Interchange Fees
    October 30, 2008

  • The Credit Card Fair Fee Act, introduced on March 6, 2008, by House Judiciary Committee Chairman John Conyers (D-Mich.), looks to amend antitrust laws to allow for greater market competition in the negotiation of interchange fees.

AFSA News
Upcoming Events  
Vehicle Finance Conference and Exposition
13th Vehicle Finance Conference & Exposition
January 21 - January 23, 2009
New Orleans, LA

AFSA Law Committee Meeting
January 25 - January 27, 2009
Phoenix, Arizona

AFSA SGA Committee Meeting
January 26 - January 28, 2009
Phoenix, Arizona

News Releases  
Resources
Making the most of your Associate Membership
Webinar detailing how your organization can maximize the benefits of AFSA Associate Membership Presented by Marguerite Watanabe, AFSA Associate Board Chair, Connections Insights and Sheilah Harrison, AFSA Vice President, Membership Services.


Committee Brochure Committee Brochure (PDF)
This brochure provides a comprehensive overview of AFSA’s 12 CIPs, answers frequently asked questions about participating in a committee and includes an application to join a committee.


Understanding Vehicle Financing Understanding Vehicle Financing
This brochure, prepared in cooperation with the Federal Trade Commission (FTC), provides information to help consumers learn about dealership finances. A Spanish version of the brochure is also available