ABA: Six Banks Honored with Community Commitment Awards
Categories range from affordable housing to community and economic development WASHINGTON — The American Bankers Association Foundation has recognized six banks for their noteworthy corporate social responsibility with a 2016 Community Commitment Award. The awards were given to banks for their efforts in categories ranging from affordable housing to community and economic development. Winners will…
ABA: Survey Shows Most Americans Use Mobile Banking at Least Once a Month
Nearly 3 in 4 rank their bank’s app “excellent” or “very good” WASHINGTON — A majority of Americans (58 percent) use a mobile device to manage their bank account at least once per month and more than a third are using it more than three times per month, according to a new survey by the…
ABA: 7 Tips to Help Older Americans Keep Their Money Safe
The ABA Foundation recognizes National Grandparents Day with tips for choosing a financial caregiver WASHINGTON — In recognition of National Grandparents Day on Sept. 11 and as a part of its Safe Banking for Seniors program, the American Bankers Association Foundation is offering tips to help older Americans and their loved ones choose the right…
ABA: 10 Money Mistakes Every College Freshman Should Avoid
WASHINGTON — With the fall semester well underway, the American Bankers Association is highlighting common money mistakes college freshmen should avoid to remain financially fit through graduation. “Freshman year marks the first time many students take control of their everyday finances, so it’s important to establish good habits from the get-go,” said Corey Carlisle, executive…
ABA: Online, Mobile Banking Most Popular With Consumers
WASHINGTON — More than half of Americans manage their bank accounts online more often than any other method, according to a recent survey by the American Bankers Association. Mobile banking ranked as consumers’ second most preferred way to bank, with about one in five people taking to their mobile devices to conduct their banking business….
ABA: Foundation Seeking Hosts for 7th Annual Lights, Camera, Save! Video Contest
Local banks urged to sponsor teen competition WASHINGTON — 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…
ABA: Foundation Invites Volunteers for 2016 “Get Smart About Credit” Day
Calling on banker volunteers to help their local youth become financially fit WASHINGTON — The American Bankers Association Foundation is calling for banker volunteers for its annual Get Smart About Credit program, an initiative designed to teach teens and young adults how to use credit effectively. Bankers will celebrate Get Smart About Credit Day on Oct….
ABA to Congress: Smart Policies Allow Banks to Innovate, Partner with FinTech Startups
Nichols says trusted customer relationships are paramount to success WASHINGTON — Banks are innovating and partnering with startups to help benefit their customers, but smart policies are key to facilitating a modern, high-tech system, according to testimony from American Bankers Association president and CEO Rob Nichols before the House Financial Services Subcommittee on Financial Institutions and Consumer…
ABA: First-Time Homebuyers – 6 Tips to Save for the House of Your Dreams
WASHINGTON — According to a 2015 BMO Harris report, 52 percent of Americans plan to buy a home in the next five years. Saving for a down payment, typically between 5 to 20 percent of the home’s value, is one of the biggest challenges for those aspiring homebuyers. In recognition of American Housing Month, the…