ABA

ABA: Newly Redesigned ABA.com Launches

The American Bankers Association, the united voice of the nation’s $18 trillion banking industry, today announced the launch of its newly redesigned website featuring a modern look, updated content and improved tools to provide a richer, more valuable digital experience for visitors. “The new website is packed with tools, resources and information to help our members succeed,…

ABA: Foundation Invites Bank Volunteers for 2019 ‘Get Smart About Credit’ Day

Bankers visit classrooms across country on Oct. 18 to teach credit education The American Bankers Association Foundation is calling for banker volunteers for its 17th annual Get Smart About Credit campaign, an initiative designed to teach teens how to use credit effectively. Bankers will celebrate Get Smart About Credit Day on Oct. 17 and throughout…

ABA: Foundation Seeking Banks to Host 10th Annual Lights, Camera, Save! Video Contest

The American Bankers Association Foundation is urging banks across the country to participate in its Lights, Camera, Save! video contest. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management.  Through Lights, Camera, Save!, teen participants will create a video up to 90 seconds that demonstrates…

ABA: New Report Examines Banks’ Use of Social Media

87 percent report active social media engagement ​More than eight in 10 banks (84 percent) believe social media is important to their institution and 87 percent are very or somewhat active on their social media accounts, according to a new report released today by the American Bankers Association. The State of Social Media in Banking 2019 highlights…

ABA: Report Shows Credit Card Market Moderated in First Quarter 2019

Credit card use moderated in the first quarter of 2019, according to the American Bankers Association’s latest quarterly Credit Card Market Monitor. Compared to the previous quarter, seasonally adjusted purchase volumes declined across risk tiers. Compared to year-ago levels, purchase volumes rose among super-prime (+5.2 percent) and subprime (+4.3 percent) accounts and were essentially unchanged…

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 their corporate social responsibility efforts…

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 Analytics that documents how many…

ABA: Bank Economists See Continued Economic Growth Amid Rising Risks

The U.S. economic expansion, which has now tied the longest post-war period of prosperity at 120 months, is likely to continue even as downside risks are growing, according to the Economic Advisory Committee of the American Bankers Association.  The median forecast of 16 chief economists from major North American banks is that economic growth will…

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 well as zoning and land-use…

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 quality of life for the…