ICBA on Arbitration Rule: Move Likely Pulls Arbitration Off the Table as a Viable Alternative
ICBA says that, while arbitration has been a meaningful way to resolve consumer disputes, it isn't economically feasible for community banks to pay the costs associated with arbitration if they are forced to also carry the high legal costs associated with class-action lawsuits. CBA is not a fan, either. [7/12/17]


