Political and Regulatory Overview

MSBs are often the Rodney Dangerfield of the financial services industry. They just don't get no respect.

That's a shame because the vast majority of MSBs are hard working, honest business people trying to make a fair living providing much needed services to the unbanked and under-banked community. MSB services are frequently offered in a manner that is more convenient, comfortable and even less costly than similar financial services provided through "traditional" financial institutions.

Keep your eyes open for opportunities to support your industry through direct communication with legislators and also through your national and state trade associations. The articles under this category will remind you of some important Do's and Don'ts so that your communication is most effective.