ABA

ABA: Call for Entries for ABA Community Commitment Awards

Deadline for entries is July 1, 2015 ​WASHINGTON — The American Bankers Association’s Community Engagement Foundation is requesting submissions for its annual Community Commitment Awards to recognize banks’ essential involvement in their communities. The awards will honor innovative, high impact contributions banks make to the customers and communities they serve. The entry period will extend…

ABA: Bankers Celebrate 19 Years of Teaching Children to Save

Estimated 293,880 children will be reached in 2015 through Teach Children to Save WASHINGTON — More than 14,000 bankers will host financial education events across the country this week as part of the 19th annual Teach Children to Save Day, on April 24. Since 1997, the program – sponsored by the American Bankers Association’s Community Engagement Foundation –…

ABA: CFPB Prepaid Rules Could Harm Underbanked Customers

In a news release, the American Bankers Association commented on the CFPB’s proposed rulemaking regarding prepaid cards: “The CFPB’s proposed rules for prepaid products include some onerous provisions that could create insurmountable compliance barriers for banks offering the cards, ABA said in a comment letter. This would be particularly harmful for “underbanked” individuals, many of…

ABA: 5 Smart Uses for Your Tax Refund

ABA offers consumer tips for putting tax refunds to good use ​WASHINGTON — Nearly eight out of 10 U.S. tax filers will receive a federal tax refund this year.  As millions of Americans await reimbursement from Uncle Sam, the American Bankers Association has highlighted five tips for making the most of their tax refund. “Smart…

ABA: 10 Financial Tips for America’s Young and Beginning Farmers

ABA Celebrates National Ag Day on March 18 ​WASHINGTON — The American Bankers Association is celebrating National Ag Day on March 18 by providing financial tips to the next generation of America’s farmers and ranchers. Unlike established farmers, young and beginning farmers may need to learn the basics of creating business relationships and what goes into making…

ABA: Consumer Tips for Budgeting, Savings and Reducing Debt

March 1-7 is National Consumer Protection Week ​WASHINGTON — In recognition of National Consumer Protection Week, the American Bankers Association is highlighting personal finance resources and urging consumers to take an active role in managing and protecting their money.  National Consumer Protection Week, observed the first week in March, is a campaign that encourages consumers nationwide…

ABA Survey: 60 Percent of Americans Have Checked Their Credit Report in the Past Year

​WASHINGTON — Eighty-five percent of Americans are aware that they have access to a free credit report each year and 60 percent have checked their credit report within the past 12 months, according to a new survey released by the American Bankers Association.  To help educate consumers about the importance of credit their history, ABA…

ABA: Can Your Bank Help Teach Children to Save?

ABA calls for banker volunteers to increase financial capability in local schools ​WASHINGTON — The American Bankers Association, through its Community Engagement Foundation, is calling for banker volunteers to register for its national Teach Children to Save campaign. Now in its 19th year, the Teach Children to Save program is a national campaign that organizes banker volunteers…