ABA: Officers and Board Elected for 2025-2026
Members attending the American Bankers Association’s annual convention in Charlotte, N.C. have elected new ABA officers and directors to serve on ABA’s board for the 2025-2026 association year. The new officers are: Beginning new terms on the ABA board are: The above board members will join ABA President and CEO Rob Nichols, who also serves…
ABA: First Independence Bank Chairman and CEO Kenneth Kelly Elected as New ABA Chair
The American Bankers Association today announced the election of Kenneth Kelly as its chair for the 2025-2026 association year at ABA’s annual convention held in Charlotte, N.C.. Kelly is chairman and CEO of First Independence Bank in Detroit, Michigan, one of the nation’s largest minority depository institutions. Since Kelly assumed leadership at First Independence Bank…
ABA: New National Survey Finds US Consumers Rank Banks Above Other Industries for Fraud Protection, Support Consistent Rules for Data Sharing
Poll also finds consumers are happy with their bank U.S. adults overwhelmingly trust banks more than any other entity to protect them from fraud, according to a new survey conducted by Morning Consult on behalf of the American Bankers Association. By more than a 6-to-1 margin over the next closest industry, consumers chose banks (50%)…
Agencies Announce Withdrawal of Principles for Climate-Related Financial Risk Management
The federal bank regulatory agencies today announced the withdrawal of interagency Principles for Climate-Related Financial Risk Management for Large Financial Institutions. The agencies do not believe principles for managing climate-related financial risk are necessary because the agencies’ existing safety and soundness standards require all supervised institutions to have effective risk management commensurate with their size,…
FHFA: US Federal Housing Requests Input on New Strategic Plan
Consistent with its statutory requirements and President Trump’s executive orders, U.S. Federal Housing is asking the public for feedback on its proposed Strategic Plan for FY 2026–2030. The new Plan proposes three strategic goals for the Agency: Input on the Plan is due by November 5, 2025, and should be submitted via the U.S. Federal…
SBA: Disaster Relief Deadlines Extended for Los Angeles Wildfire Survivors
The U.S. Small Business Administration (SBA) announced today that it has extended the disbursement period for Los Angeles County wildfire survivors with approved SBA disaster loans. This action provides a full twelve months for homeowners and business owners to draw down their approved SBA loan funds, including Home and Business Physical Disaster Loans. The extension was approved due…
ABA: Foundation Announces 2025 Community Commitment Award Winners
The American Bankers Association Foundation today announced the recipients of its 2025 ABA Foundation Community Commitment Awards. The prestigious annual awards recognize banks for extraordinary service to their local communities in seven specific categories ranging from affordable housing to serving military families. The winners will be recognized at ABA’s Annual Convention in Charlotte, N.C. on Oct. 21. The…
ABA: Foundation Honors Montana Banker Jennell Huff with George Bailey Distinguished Service Award
he American Bankers Association Foundation today announced that Jennell Huff, CRA/community outreach coordinator at Bank of the Rockies in Clyde Park, Montana has been awarded the 2025 George Bailey Distinguished Service Award. This national award recognizes a non-CEO bank employee who demonstrates outstanding service to their community. Huff will be honored at ABA’s Annual Convention in Charlotte,…
ABA: Next Generation of Bank Leaders Recognized with 2025 Emerging Leader Awards
The American Bankers Association today announced the 2025 recipients of its annual ABA Emerging Leader Awards, which recognize the next generation of bank leaders who are committed to the highest standards of achievement and service to both their industry and their local communities. “This year’s ABA Emerging Leaders are driven professionals whose innovation and strong leadership…
ICBA: ICBA Urges Policymakers to Continue to Support Local Communities Served by Community Development Financial Institutions
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on actions to dismantle the Community Development Financial Institution Fund. “ICBA is concerned about the economic impact eliminating the CDFI Fund would have on the local communities that CDFIs serve. Hampering the work of CDFIs would threaten the financial…