Californians for Banking Reform (CBR) Issues Call to End Banks’ Inadequate Management and Oversight

Share Article

Californians for Banking Reform (CBR) announced today they are initiating programs to actively educate the public about banking institutions with ineffective procedures and policies that could potentially cause great financial harm and disaster to small businesses solely because of inadequate management and oversight.

Californians for Banking Reform

“Our purpose is to inform and educate lawmakers, agencies and the public concerning the necessity of reforming banking law and procedures to alleviate the current hodge-podge of internal bank policies,” said Andrew Grundman, Chief Executive Officer.

CBR is an unincorporated nonprofit association comprised of small business owners and consumers concerned about how current banking practices and regulation inhibit the introduction and growth of small businesses, and generally cause harm to consumers and small businesses in the State of California.

“Our purpose is to inform and educate lawmakers, agencies and the public concerning the necessity of reforming banking law and procedures to alleviate the current hodge-podge of internal bank policies,” said Andrew Grundman, Chief Executive Officer. “Both small businesses and consumers will benefit from uniformity, where currently the safety and handling of funds varies from institution to institution.”

Ultimately consumers suffer from these consequences through higher retail prices. Many small businesses are owned and operated by residents of California.

CBR has been reviewing complaints about small business and consumer banking policies, and is actively preparing to bring awareness to specific institutions with poorly-crafted or poorly-enforced policies that have already caused unnecessary expense and harm.

CBR welcomes additional information, suggestions and confidential tips to help expose or provide examples of how the policies and procedures used by California banking institutions harm small business, consumers and the state economy. For more information or to get involved, visit http://www.californiansforbankingreform.com/.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Andrew Grundman, Esq.
Follow us on
Visit website