ABA: Statement on Nominations of Jonathan Gould as Comptroller of the Currency and Jonathan McKernan as CFPB Director
“We congratulate Jonathan Gould on his nomination to serve as comptroller of the currency. His prior experience at the OCC – as well as his time as a top staffer on the Senate Banking Committee and as a financial regulatory attorney – will serve him well as the agency continues its important mission to promote…
ABA: ABA, Federal Reserve and OCC Leaders to Address Community Bankers at ABA Conference; Livestream Available February 17th and 18th
ABA President and CEO Rob Nichols, ABA Chair and Atlantic Union Bankshares CEO John Asbury, Federal Reserve Governor Michelle Bowman, San Francisco Fed President Mary C. Daly and Acting Comptroller of the Currency Rodney E. Hood will address community bankers from across the country at the American Bankers Association’s Conference for Community Bankers next week in Phoenix….
ABA: Banks and Credit Unions Issue Joint Letter Highlighting Harm Credit Card APR Cap Legislation Would Have on Consumers
Seven leading financial groups that represent banks and credit unions of all sizes today sent a letter to Senators Bernie Sanders (D-Vt.) and Josh Hawley (R-Mo.) to oppose their proposed legislation that would create an annual percentage rate (APR) cap for credit cards at 10 percent. This measure would severely restrict the availability of this type of credit for…
ABA: ABA Offers Congressional Testimony on the Community Banking Landscape
The American Bankers Association today provided testimony to the House Financial Services Committee on the state of U.S. community banking, as well as potential legislative reforms to ensure smaller financial institutions can continue meeting the needs of their customers, clients and communities going forward. Cathy Owen, chair, president and CEO of State Holding Company and executive chair…
ABA: Foundation Launches 2025 Financial Education Campaigns Amid 100th Anniversary Celebration
The American Bankers Association Foundation today launched its 2025 financial education campaigns, encouraging banks across the country and their more than two million employees to participate in these substantial industry efforts. Today’s launch comes as the ABA Foundation celebrates a pivotal milestone this year – its 100th anniversary helping bankers provide financial education to improve…
ABA: Foundation and U.S. Postal Inspection Service Release New Infographics for Consumers and Businesses on Money Mules, Check Fraud
Identification and prevention tips part of ongoing awareness campaign to help individuals and small businesses avoid scams perpetrated through the U.S. mail The American Bankers Association Foundation and the United States Postal Inspection Service today released two new infographics on money mule scams and check fraud as part of their shared ongoing initiatives to protect…
ABA: Foundation Accepting Donations to Support L.A. Wildfire Relief Efforts in California
ABA to Contribute $25,000 As first responders continue to fight the devastating wildfires in Los Angeles County, the American Bankers Association Foundation today announced it will begin collecting tax-exempt contributions through its Disaster Relief Program to help aid in emergency relief efforts. At the request of the California Bankers Association, the ABA Foundation will immediately begin accepting…
ABA: Key Policy Priorities Unveiled in Newly Released 2025 Blueprint for Growth
With the pending change in administration and the start of the 119th Congress, the American Bankers Association today released its 2025 Blueprint for Growth outlining ABA’s top policy priorities for 2025. As the voice of the nation’s banking industry, and the only trade association representing banks of all sizes, charters and business models, the Blueprint for Growth…
ABA: ABA and BAFT Announce Plans for Separation in 2025
The American Bankers Association (ABA) and BAFT, the leading global financial services association for international transaction banking and an ABA subsidiary, today announced their mutually agreed upon plans to separate in the second half of 2025. While ABA and BAFT have worked together successfully since 2002, BAFT’s global footprint and overseas opportunities have expanded in…
ABA: American Bankers Association Launches Yearlong Campaign Celebrating 150th Anniversary
In honor of the American Bankers Association’s 150th anniversary in 2025, ABA today kicked off a yearlong celebration of this milestone moment for the nation’s largest and oldest banking trade association. Among other anniversary initiatives, ABA launched a new 150th anniversary webpage with an interactive timeline tracing key moments and accomplishments over ABA’s long and proud history…