ABA: ABA Applauds Executive Order on Mortgage Lending
“We applaud today’s White House executive order to expand bank participation in mortgage lending and give more Americans the chance to own a home. The proposed regulatory changes would help remove some of the significant obstacles preventing many banks, especially community banks, from being able to fully participate in the mortgage market. ABA supports policy…
ABA: New Survey Finds Americans Want Fintechs to Follow Bank Rules, Support Protecting Local Lending from Stablecoin Risks
Morning Consult poll also shows consumers find credit card marketplace highly competitive, are wary of credit card price controls A new survey conducted by Morning Consult on behalf of the American Bankers Association found that consumers want nonbank fintech companies to follow the same rules as banks. More than 8 in 10 (84%) agree that any business…
ABA: Bank Economists Believe Credit Conditions Will Hold Relatively Steady Over Next Six Months
While credit conditions are expected to continue softening over the next six months as the labor market faces challenges, they will hold relatively steady according to the American Bankers Association’s latest Credit Conditions Index released today. ABA’s Credit Conditions Index examines a suite of indices derived from the quarterly outlook for credit markets produced by ABA’s…
ABA : California High School Produces Both First- & Second-Place Winners in National Lights, Camera, Save! Video Contest
The American Bankers Association Foundation has announced the national winners of the Lights, Camera, Save! teen video contest, a nationwide competition that encourages teens ages 13–18 to create a 30-second or less video educating their peers on the importance of smart money management. This year’s first place winner is Adam Costa, representing Montecito Bank & Trust in Santa Barbara,…
ABA: Bank Economists See Moderate Growth, Persistent Inflation Amid Geopolitical Uncertainty
The American Bankers Association’s Economic Advisory Committee expects the U.S. economy to continue expanding through the remainder of 2026 and into 2027. The committee’s latest forecast also expects inflation to remain above the Federal Reserve’s 2% target due in part to geopolitical events, including trade policy and the ongoing military action in the Middle East….
ABA: Foundation & Government Agencies Release New Infographic to Help Americans Spot and Avoid Government Imposter Scams
Released in recognition of the Social Security Administration’s ‘Slam the Scam’ Day As government imposter scams continue to rise nationwide, the ABA Foundation, alongside the Federal Bureau of Investigation, Financial Crimes Enforcement Network, Commodity Futures Trading Commission, U.S. Securities & Exchange Commission, United States Secret Service, United States Postal Inspection Service and Financial Industry Regulatory…
ABA: Foundation, Working Credit & Wells Fargo Foundation Launch New Credit Education Campaign
The ABA Foundation today announced the launch of its Rebuild Right: Safe Credit Recovery & Responsible Debt Solutions campaign, a new national initiative designed to empower consumers to rebuild credit responsibly and avoid harmful financial pitfalls. The campaign, which will begin March 4 in recognition of National Consumer Protection Week, is hosted in collaboration with the Wells…
ABA: ABA Issues New Comment Letter Urging OCC to Provide Stronger Safeguards & Clearer Rules for Charter Applicants
In a new comment letter submitted today, the American Bankers Association urged the Office of the Comptroller of the Currency to uphold strong safety and soundness standards, increase transparency in the chartering process, and move cautiously as new regulatory frameworks develop. The letter, submitted in response to the OCC’s National Bank Chartering Notice of Proposed Rulemaking, also…
ABA: ABA Applauds House Passage of Housing for the 21st Century Act
“ABA applauds the House for passing the Housing for the 21st Century Act, which includes measures that enhance housing opportunities across the country as well as several key provisions to help level the regulatory playing field for community banks. These measures provide regulatory and examination relief for smaller banks, incentivize the formation of new banks…
ABA: Foundation Releases New Ideas to Impact Report Showcasing Innovative Strategies to Strengthen Communities Nationwide
The ABA Foundation today unveiled Ideas to Impact: A Framework for Influencing Banking’s Next Century, a first-of-its-kind report capturing forward-looking ideas from bankers, community leaders and nonprofit partners on how financial institutions can drive meaningful economic and community impact in the decades ahead. Developed as part of the Foundation’s 100th anniversary celebration in 2025, the report…