ABA

ABA: Bank Employees Across U.S. Celebrate 21st Annual Get Smart About Credit Day

Bank employees across the country will celebrate the American Bankers Association Foundation’s Get Smart About Credit campaign today and throughout the year by educating teens and young adults about a range of personal finance topics. Get Smart About Credit Day, celebrated annually on the third Thursday of October, is one of three ABA Foundation youth financial education…

ABA: Bank Economists Expect Credit Conditions to Improve for Both Consumers and Small Businesses for First Time Since 2022

For the first time in nearly three years, lending conditions are expected to strengthen over the next six months for both consumers and businesses, 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…

ABA: Letter Sent to the NCUA Urging that the Public Deserves Greater Transparency in Credit Union-Bank Acquisitions

In a letter sent to National Credit Union Administration Chairman Todd Harper today, American Bankers Association President and CEO Rob Nichols commended the agency for its renewed focus on credit union transparency and urged it to require greater accountability from credit unions seeking to acquire banks. The NCUA has indicated it may issue a Notice of Proposed…

ABA: America’s Banks and ABA Launch Two Major Consumer Protection Initiatives: #PracticeSafeChecks and #BanksNeverAskThat

Introduces new #PracticeSafeChecks campaign, celebrates 5th annual #BanksNeverAskThat campaign The American Bankers Association joined by banks across the country today launched two major consumer protection initiatives to combat the growing threat of fraud and scams. ABA’s award-winning #BanksNeverAskThat anti-phishing campaign, which has educated millions of bank customers about common scams from bad actors posing as…

ABA: Bank Economists Share that Soft Landing Remains Likely, But Risks Remain

The American Bankers Association’s Economic Advisory Committee expects moderating inflation to enable the Federal Reserve to reduce the federal funds rate and support an ongoing economic expansion, according to the latest forecast the group released today.  The committee, composed of 15 chief economists from some of North America’s largest banks, expects solid real economic growth…

ABA: Officers, Board Nominated for 2024–2025

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 Oct. 29 in New York City. The committee, chaired by Daniel D. Robb, president and CEO, Jonesburg State Bank, Jonesburg, Mo., nominated these candidates for ABA officer positions: The committee…

ABA: 2024 Diversity, Equity and Inclusion Award Winners Announced

The American Bankers Association honored the winners of its 2024 ABA Diversity, Equity and Inclusion awards today at the association’s virtual 2024 DEI Summit, cohosted with Virginia Bankers Association and Maryland Bankers Association. These awards recognize ABA member banks for their internal-facing programs, leadership and activities focused on improving diversity, equity and inclusion within their workplace. “We are…

ABA: Foundation Joins with Government Agencies to Launch New Infographic Warning Consumers about Cryptocurrency Scams

The ABA Foundation, in collaboration with the Federal Bureau of Investigation, Commodity Futures Trading Commission, Securities and Exchange Commission, Internal Revenue Service – Criminal Investigation, Department of Homeland Security, U.S. Secret Service, Financial Crimes Enforcement Network and Financial Industry Regulatory Authority today released a new infographic warning consumers about the increasing threat of cryptocurrency investment scams. According…

ABA: Wisconsin Banker and Local Marketing President 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 Dave Coggins, retired senior vice president of ag banking at Nicolet National Bank based in Green Bay, Wis. with the Bruning Award and Carroll Merry, president…

ABA: Foundation Encourages Banks to Host “Lights, Camera, Save!” Video Contest

The American Bankers Association Foundation is urging banks across the country to participate in its upcoming 14th annual 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 competition is one of the ABA…