ABA: Experts Selected to Judge Top Banks in Corporate Social Responsibility

Deadline for Community Commitment Award entries extended to July 19 ​WASHINGTON — The American Bankers Association Foundation today is pleased to announce the list of national experts responsible for judging the banking industry’s 2019 Community Commitment Awards. The CCA program recognizes banks of all sizes and charters across the country for […]

ABA: Response Requested from NCUA in Light of Credit Union Industry Research Report

​Today the American Bankers Association sent a letter to the National Credit Union Administration (NCUA) requesting a “top-to-bottom assessment” of whether the modern day credit union industry is meeting its targeted, statutory mission to serve people of “small means.” The formal request follows this week’s release of a comprehensive new report from Federal Financial […]

ABA: New Infographic Outlines Affordable Housing Challenges and Possible Solutions

In recognition of American Housing Month, the American Bankers Association Foundation today released a new infographic that examines affordable housing challenges in the U.S. and what America’s banks are doing to help ease the burden on consumers.  As the Foundation infographic shows, the rising cost of construction for new housing developments, as […]

ABA: Banks Urged to Submit Nominations for ABA Foundation’s Community Commitment Awards

Deadline for entries is July 12 ​WASHINGTON — Starting today, the American Bankers Association Foundation urges banks across the nation to submit nominations for its sixth annual Community Commitment Awards. The awards, one of the industry’s top honors for extraordinary bank commitment to communities, recognizes innovative, high-impact programs that improve the […]

ABA: Report Shows Credit Card Market Expanded in Fourth Quarter 2018

Credit card use continued to expand in the fourth quarter of 2018, according to the American Bankers Association’s latest quarterly Credit Card Market Monitor. Compared to the previous quarter, purchase volumes increased for super-prime (+2.7 percent) and prime accounts (+1.4 percent), but declined modestly for subprime accounts (-0.9 percent). On […]

ABA: Report Shows Bank Lending Rose to $108 Billion in 2018

Strong performance, asset quality and capital levels in 2018 ​U.S. farm banks increased agricultural lending by 5.3 percent, or $5.5 billion, to $108 billion in 2018, according to the American Bankers Association’s annual Farm Bank Performance Report. The report—an analysis by ABA’s economic research team based on FDIC data—examines the performance […]

ABA: Bankers Celebrate 22 Years of Teach Children to Save

April 12 marks Teach Children to Save Day, volunteers to reach estimated 330,700 students ​More than 9,850 bankers will host financial education events across the country in celebration of Teach Children to Save Day this year. Since 1997, the ABA Foundation’s financial education initiatives have reached 10.5 million young people with the […]

ABA: Reports Shows Consumer Delinquencies Mixed in Fourth Quarter 2018

​Consumer credit delinquencies were mixed in last year’s fourth quarter, with delinquencies falling for the composite index of closed-end loans and rising in other open-end loan categories, according to results from the American Bankers Association’s Consumer Credit Delinquency Bulletin. Overall, delinquencies fell in six of the 11 categories tracked by […]

ABA: 6 Tips for Spring Cleaning Your Finances

With the arrival of spring, the American Bankers Association is encouraging consumers to add a very important item to their spring cleaning to-do list: organizing their finances. To help, ABA has highlighted six tips for rearranging your financial house.   “Spring is the season of renewal, which means it’s time to sweep […]