ABA: New Foundation Research Shows U.S. Banks Stepping Up Efforts to Protect Older Americans from Financial Abuse

Banks of all sizes continue to increase focus and investment in elder fraud prevention, according to the 2019 Older Americans Benchmarking Report released today by the ABA Foundation. The biennial report, the most expansive survey of the banking industry’s efforts to protect seniors, captures data on how banks across the country educate […]

ABA: Banzai! Co-Founder and GenHERation CEO Among Volunteer Judges for Financial Education Contest

The American Bankers Association Foundation has announced its national judging panel for its 2019-2020 Lights, Camera, Save! video contest. The annual contest, now in its 10th year, encourages teens to educate their peers about using money wisely through the creative use of video. This year’s panel of volunteer judges features experts […]

ABA: New Survey Shows 95 Percent of Consumers Give High Marks to Digital Banking

Data reinforce Americans like and appreciate innovative services offered by banks Ninety-five percent of consumers rated their bank’s online and mobile app experience as “excellent,” “very good,” or “good,” according to a new survey conducted by Morning Consult on behalf of the American Bankers Association. The survey also found that […]

ABA: Farmer Mac, ABA Joint Lender Survey Reveals Top Concerns and Expectations for 2020

As the farm economy continues to work through a prolonged downturn, credit quality and the deterioration of agricultural loans remains the top concern for ag lenders, according to the Fall 2019 Agricultural Lender Survey reportproduced jointly by the American Bankers Association and the Federal Agricultural Mortgage Corporation, more commonly known as […]

ABA: New Infographic Offers Tips to Protect Members of the Military from Potential Scams

In honor of National Veterans and Military Families Month and Veterans Day, the American Bankers Association Foundation, the Association of Military Banks of America (AMBA) and Better Business Bureau Institute for Marketplace Trust (BBB Institute) have joined forces to educate veterans, active duty service members and their families on financial […]

ABA: New Survey Highlights Bank Customer Preference for Digital Channels Continues to Grow

Mobile apps nearly overtake online banking for top spot while branches remain popular Nearly three-quarters of Americans (73 percent) most often access their bank accounts via online and mobile platforms, according to a recent survey conducted by Morning Consult on behalf of the American Bankers Association, an increase over last […]

ABA: Report Shows Credit Card Use Strong in Second Quarter 2019

Credit card use rebounded in the second quarter after easing in the first quarter of 2019, according to the American Bankers Association’s latest quarterly Credit Card Market Monitor. Seasonally adjusted purchase volumes increased across risk tiers compared to the first three months of the year, reflecting robust consumer spending. Purchase […]

ABA: US Chamber Foundation and ABA Partner to Expand Bank Hiring Opportunities for Veterans

Community Banks Encouraged to Participate in Hiring Our Heroes Program A new partnership between the American Bankers Association and the US Chamber of Commerce Foundation will expand veteran hiring opportunities at banks across the nation. The partnership, announced at the ABA’s annual convention in Seattle, will enable more community banks […]

ABA: Seattle Banker Elected as New ABA Chair

Today the American Bankers Association elected Laura Lee “Laurie” Stewart as its chair for the 2019-2020 association year. The election took place during ABA’s annual convention in Seattle. Stewart is also president and CEO of Sound Financial Bancorp, Inc., and Sound Community Bank, a $717 million institution based in Seattle. […]

ABA: 2019-2020 Officers Board Elected

Members attending the American Bankers Association’s annual convention in Seattle have elected new ABA officers and directors to serve on ABA’s board for the 2019–2020 association year. The new officers are: CHAIR: Laura Lee (Laurie) Stewart, president and CEO, Sound Community Bank, Seattle; CHAIRMAN-ELECT: James J. Edwards, Jr., CEO, United […]