ABA: Rhode Island Banker Wins Distinguished Service Award
The ABA Foundation has named Paola Fernandez, senior vice president of community development for Centreville Bank in West Warwick, R.I., the winner of its 2023 George Bailey Distinguished Service Award. Fernandez was recognized for her dedication to building and leveraging relationships to support underserved communities throughout Rhode Island and northeastern Connecticut. She will be honored…
ABA: Eight Banks Win 2023 Community Commitment Awards
The American Bankers Association Foundation today named eight banks as 2023 Community Commitment Award winners. The annual awards recognize banks for extraordinary corporate social responsibility efforts in seven specific categories ranging from affordable housing to economic inclusion. The winners will be recognized at ABA’s Annual Convention in Nashville, Tenn. on Oct. 10. The selection committee, made up of…
ABA: Bank Economists See Weakening Credit Conditions Through End of 2024
Bank economists expect credit conditions to weaken over the next six months, according to the American Bankers Association’s latest Credit Conditions Index released today. The latest summary of ABA’s Credit Conditions Index examines a suite of indices derived from the quarterly outlook for credit markets produced by ABA’s Economic Advisory Committee (EAC). The EAC includes chief economists…
ABA: Banker and Professor Receive Top Ag Banking Awards
The American Bankers Association today announced the recipients of its annual Bruning and Blanchfield Awards, the association’s premier awards presented for significant contributions to agricultural banking. ABA will honor Leonard Wolfe, president and CEO of United Bank and Trust based in Marysville, Kan. with the Bruning Award and Robert Craven, associate director of the Center…
ABA: Inaugural Diversity, Equity and Inclusion Award Winners Announced
The American Bankers Association recognized inaugural winners of its new ABA Diversity, Equity and Inclusion awards today at the virtual 2023 DEI Summit. These awards celebrate ABA member banks for their internal-facing programs, leadership and activities focused on improving diversity, equity and inclusion within their workplace. “We congratulate all of the winners and honorable mentions of these inaugural…
ABA: Bank Economists Note “Soft Landing” Odds Have Improved but Recession Risks Remain
Despite an expected loss of momentum in U.S. economic growth over the next few quarters, the U.S. economy is likely to dodge a recession, according to the latest forecast of the American Bankers Association’s Economic Advisory Committee. The committee, composed of 14 chief economists from some of North America’s largest banks, sees real economic growth…
ABA: Board & Officers for 2023-2024 Nominated
The American Bankers Association’s Nominating Committee has finalized the official slate of candidates to be presented for election at the association’s annual meeting scheduled for October 8-10 in Nashville, Tenn. The committee, chaired by A. Scott Anderson, president and CEO, Zions Bank, Salt Lake City, nominated these candidates for ABA officer positions: The committee also…
ABA: Foundation Encourages Banks to Host 13th Annual Lights, Camera, Save! Teen Video Contest
Popular National Competition Promotes Financial Education The American Bankers Association Foundation is urging banks across the country to participate in its upcoming Lights, Camera, Save! video competition that runs from Oct. 1 to Dec. 1. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management. The…
ABA Urges Bankers to Contribute to Disaster Relief Efforts in Hawaii
In the aftermath of the unprecedented wildfires in Hawaii, the American Bankers Association will donate $25,000 to the Hawaii Community Foundation’s Maui Strong Fund to assist with immediate disaster response and recovery. The ABA donation follows a similar contribution from our alliance partners at the Hawaii Bankers Association. The HBA was one of the first…