FDIC: Information on Small-Dollar Lending Requested

The Federal Deposit Insurance Corporation (FDIC) today announced that it is seeking public comment on issues related to small-dollar lending by FDIC-supervised financial institutions. The Request for Information (RFI) solicits comments on the consumer demand for small-dollar credit products, the supply of small-dollar credit products currently offered by banks, and […]

ABA: Survey Shows 93 Percent of Americans Rate Their Bank’s Online and Mobile App Experience Highly

Data reinforce Americans like and appreciate innovative services offered by banks ​WASHINGTON — Ninety-three percent of Americans rated their bank’s online and mobile app experience as “excellent,” “very good,” or “good,” according to a new survey conducted by Morning Consult on behalf of the American Bankers Association. The survey also […]

CFPB: Build a Brighter Future by Saving at Tax Time

Saving money is not always easy, but having some savings provides people with the security needed to withstand economic shocks and plan for their future. Many people save automatically through a workplace retirement plan or by directly depositing money out of each paycheck into a savings account. But according to the […]

FDIC: Share of U.S. Households without a Bank Account Continues to Drop

Unbanked Rate Declines to 6.5 Percent in 2017 For the third consecutive survey period, the number of U.S. households without a bank account fell, according to the results of the 2017 biennial National Survey of Unbanked and Underbanked Households released today by the Federal Deposit Insurance Corporation (FDIC). “The good […]

ABA: Survey Shows Americans Highly Satisfied with their Bank, Trust Banks the Most to Keep Information Secure

Nearly 9 in 10 Americans with a bank account (86 percent) say they are “very satisfied” or “satisfied” with their primary bank, and 94 percent rate their bank’s customer service as “excellent,” “very good” or “good,” according to a new survey conducted by Morning Consult on behalf of the American […]

ABA: Bankers Celebrate Get Smart About Credit Day, Promote Financial Literacy

Bankers visit classrooms across the country on Oct. 18 to teach credit education Bankers across the country are celebrating the American Bankers Association Foundation’s Get Smart About Credit Day today by visiting high school classrooms to teach teens how to use credit effectively. Get Smart About Credit Day, celebrated annually […]

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 […]