ABA: US Chamber Foundation and ABA Partner to Expand Bank Hiring Opportunities for Veterans

Community Banks Encouraged to Participate in Hiring Our Heroes Program A new partnership between the American Bankers Association and the US Chamber of Commerce Foundation will expand veteran hiring opportunities at banks across the nation. The partnership, announced at the ABA’s annual convention in Seattle, will enable more community banks […]

ABA: Seattle Banker Elected as New ABA Chair

Today the American Bankers Association elected Laura Lee “Laurie” Stewart as its chair for the 2019-2020 association year. The election took place during ABA’s annual convention in Seattle. Stewart is also president and CEO of Sound Financial Bancorp, Inc., and Sound Community Bank, a $717 million institution based in Seattle. […]

ABA: 2019-2020 Officers Board Elected

Members attending the American Bankers Association’s annual convention in Seattle have elected new ABA officers and directors to serve on ABA’s board for the 2019–2020 association year. The new officers are: CHAIR: Laura Lee (Laurie) Stewart, president and CEO, Sound Community Bank, Seattle; CHAIRMAN-ELECT: James J. Edwards, Jr., CEO, United […]

FDIC: Kentucky Farmers Bank Corporation Assumes All of the Deposits of Louisa Community Bank

 Louisa Community Bank in Louisa, Ky., was closed today by the Kentucky Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC entered into a purchase and assumption agreement with Kentucky Farmers Bank Corporation in Catlettsburg, Ky., to assume all of […]

ABA: Bankers Across the U.S. to Promote Financial Literacy on Get Smart About Credit Day

Nearly 6,000 bankers will share credit education to 156, 000 students on Oct. 17 Bankers across the country will celebrate the American Bankers Association Foundation’s Get Smart About Credit Day on Oct. 17 by visiting classrooms to teach teens how to use credit effectively. Get Smart About Credit Day, celebrated annually on […]

ABA Foundation: Kathy Luria of Webster Bank Honored with 5th Annual George Bailey Distinguished Service Award

Connecticut Banker wins ABA Foundation’s highest individual honor. Kathy Luria, senior vice president for community affairs and philanthropy at Webster Bank in Waterbury, Conn., has been named the ABA Foundation’s 2019 George Bailey Distinguished Service Award winner for her tireless and innovative efforts to expand and enhance Webster Bank’s community […]

CFPB: Advisory Committee Members Announced

Consumer Financial Protection Bureau Director Kathleen L. Kraninger today announced the appointment of members to the Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). These experts advise Bureau leadership on a broad range of consumer financial issues and emerging […]