Industry Self-Policing Goes Back to 1928; NARCA Follows Suit

Mark Dobosz

In a January 15, 2016 article in American Banker Magazine (Banks Can Use ‘Code of Ethics’ to Strengthen Public Trust), Robert Taylor points out “…an advantage of developing an ethics code is that, unlike bank regulatory policy that must be adjusted constantly depending on the jurisdiction and interpretation, ethical standards are basically timeless. In fact, the Code of Ethics crafted by community bankers at the 1928 convention of the Louisiana Bankers Association is still relevant today.”  He adds, “None of us can escape the inevitable ethical dilemma. But having high expectations for your bank’s culture, and your own ethical behavior, is its own reward. It will also help restore public confidence in this profession.”

Since 1993 – NARCA, The National Creditors Bar Association — has had the NARCA Code of Professional Conduct and Ethics as its cornerstone. All NARCA member firms are committed to fairness in the collection process for everyone. In addition to local, state and federal laws, and State Bar Association licensing and certification, attorney members are required to adhere to the Code.

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