ABA: Bank Economists Expect Softer Credit Conditions Expected Over Next Six Months
About the Credit Conditions IndexThe ABA Credit Conditions Index is a suite of proprietary diffusion indices derived by the American Bankers Association from surveys of bank chief economists from major North American banking institutions. Since 2002, the bank economists have forecasted credit quality and availability for both businesses and consumers, indicating whether they expect conditions…
ABA: Bank Economists Expect Business Spending Will Drive Resilient Growth in the Face of Elevated Inflation
The American Bankers Association’s Economic Advisory Committee expects the U.S. economy to continue expanding at a solid pace through the remainder of 2026 and into 2027. This growth will come even as the group projects inflation will remain above the Federal Reserve’s 2% target, driven by higher oil prices and services inflation. The committee, which…
ABA: New National Survey Finds Voters Overwhelmingly Support SCAM Act to Crack Down on Fraudulent Social Media Ads
Nine in 10 voters support legislation requiring social media platforms to verify advertisers, remove fraudulent ads and prevent scams before they reach consumers Americans overwhelmingly support congressional efforts to crack down on fraudulent ads on social media platforms and hold online companies accountable for preventing scams, according to a new national survey of registered voters…
ABA: Iowa Banker Elected as Chair of ABA’s Community Bankers Council
The American Bankers Association has elected Matt Lujano as chair of ABA’s Community Bankers Council for the 2026-2027 association year. Lujano is president and CEO of Westside State Bank in Westside, Iowa. The Community Bankers Council consists of bank presidents and CEOs from across the country who meet twice a year in person to strategize…
ABA: Foundation Encourages America’s Banks to Host “Lights, Camera, Save!” Teen Video Contest
Teens compete for prizes worth up to $10,000 in national competition sponsored by Visa The American Bankers Association Foundation is urging banks across the country to participate in its upcoming 16th annual Lights, Camera, Save! video competition, which runs from Oct. 1 through Dec. 1. Lights, Camera, Save! is a national contest that encourages teens ages 13-18 to…
ABA: Statement Issued on Joint OCC/FDIC Community Reinvestment Act Rule Proposal
“Today’s joint proposal from the FDIC and OCC marks progress toward a Community Reinvestment Act framework that provides banks with greater clarity to plan and deliver loans and investments that reflect local needs, bank business strategies and today’s banking landscape. While we are continuing to review it closely, we are pleased that the proposal would…
ABA: ABA Testifies Before Senate Aging Committee on Protecting Seniors from AI-Generated Fraud
Association calls for coordinated action to combat growing threat of AI-enabled scams American Bankers Association Executive Vice President for Risk, Fraud and Cybersecurity Paul Benda will testify before the Senate Special Committee on Aging today on the growing threat of artificial intelligence-enabled scams and the need for a coordinated response to better protect older Americans…
ABA: ABA & CBA Urge Federal Reserve to Strengthen Safeguards for Proposed Payment Accounts
The American Bankers Association and Consumer Bankers Association today submitted a joint comment letter supporting the Federal Reserve’s proposed Payment Account framework as a prudent approach to responsible innovation if additional safeguards are adopted to protect the safety, soundness and integrity of the U.S. payments system. The associations said the proposal represents a measured approach to expanding…
ABA: Foundation Launches Guide to Help Nonprofits Sustain Bank Partnerships
The American Bankers Association Foundation today released a new resource designed to help nonprofits build and sustain successful partnerships with banks based on shared goals, mutual respect and measurable impact. The new guide, The Power of Collaboration 2.0: Steps for Nonprofits to Build and Sustain Partnerships with Banks, is the second resource in the ABA Foundation’s Power…
ABA: Officers Nominated for 2026-2027
The American Bankers Association’s Nominating Committee has finalized the official slate of officers to be presented for election at the association’s annual meeting scheduled for Oct. 27 in Salt Lake City. The committee, chaired by John C. Asbury, chief executive officer, Atlantic Union Bankshares Corp., Richmond, Va., nominated the following candidates for ABA officer positions:…