ABA: Survey Shows Online, Mobile Are Most Popular Banking Channels, Branches Remain Popular
Nearly three-quarters of Americans (72 percent) are now choosing to 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. The number of those who identified online banking via laptop or PC as their top option rose to…
ABA: Foundation Honors Texas Banker with Distinguished Service Award
Marcus A. Vasquez, a Texas banker, has been named the ABA Foundation’s 2018 George Bailey Distinguished Service Award winner for his efforts to assist his community after Hurricane Harvey. Vasquez currently serves as the vice president and fair banking officer for Allegiance Bank in Houston, and has more than 14 years of banking experience both…
ABA: Foundation Honors Six Banks with Community Commitment Awards
Categories range from affordable housing to economic inclusion The American Bankers Association Foundation today announced it will honor six banks with a Community Commitment Award, which is provided to institutions that have demonstrated leadership in the area of corporate social responsibility. The ABA Foundation will recognize these banks’ efforts in categories ranging from affordable housing…
ABA: Report Shows Consumer Delinquencies Hold Steady in Second Quarter 2018
Bank card and most installment loan delinquencies show improvement WASHINGTON — Bank card delinquencies declined in the second quarter while the composite ratio of installment loan delinquencies rose modestly, according to results from the American Bankers Association’s Consumer Credit Delinquency Bulletin. Importantly, 8 of the 11 categories tracked by ABA showed improvement or held steady,…
ABA: Association Donates $100,000 to North Carolina Bankers Association Hurricane Relief Fund
In light of the devastating impact Hurricane Florence has had on North Carolina, the American Bankers Association will donate $100,000 dollars to a relief fund created by the North Carolina Bankers Association. ABA will also match donations made by ABA employees. The fund will assist bank employees and their families affected by the storm and…
ABA: Foundation and FTC Offer Tips to Avoid Check Fraud
The American Bankers Association Foundation in collaboration with the Federal Trade Commission today released an infographic to raise awareness on the growing threat of fake check scams and the steps consumers can take to protect themselves. Checks may seem like a relic of the past, but according to the most recent Federal Reserve Payments study,…
ABA: Foundation Invites Volunteers for 2018 “Get Smart About Credit” Day on October 18th
Bankers visit classrooms across country on Oct. 18 to teach credit education The American Bankers Association Foundation is calling for banker volunteers for its 16th 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. 18 and throughout…
ABA: Foundation Seeking Banks to Host 9th Annual Lights, Camera, Save! Video Contest
The American Bankers Association Foundation is urging local banks 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: Robert Jones, Chairman and CEO of Old National Bank, Appointed Chairman of ABA’s American Bankers Council
The American Bankers Association has appointed Robert G. Jones as chairman of ABA’s American Bankers Council for the 2018-2019 membership year. Jones is currently chairman and CEO of Old National Bancorp in Evansville, Ind., and is a member of its board of directors. Prior to joining Old National, Jones served for 25 years at KeyCorp….
ABA: Report Shows Credit Card Market Moderated in First Quarter 2018
Credit card use moderated in the first quarter of 2018, according to the American Bankers Association’s latest quarterly Credit Card Market Monitor. Compared to the previous quarter, purchase volumes fell 4-6 percent across risk tiers. On a year-over-year basis, purchase volumes rose across risk tiers, led by an 8.9 percent increase for super-prime accounts and…