ABA: Ag Lender Survey Shows Farm Profitability Expected to Decline in 2024
ABA, Farmer Mac survey results revealed at ABA Agricultural Bankers Conference in Milwaukee Agricultural lenders expect only 58% of borrowers will remain profitable this year compared to 78% last year, according to the 2024 Ag Lender Survey report produced jointly by the American Bankers Association and the Federal Agricultural Mortgage Corporation, more commonly known as Farmer Mac (NYSE:…
ABA: National Survey Finds Majority of U.S. Consumers Think Congress Should Hold Credit Unions Accountable to Same Legal Standards as Banks
U.S. consumers believe federal credit unions should be held accountable for meeting the same legal standards as the banks they compete with for customers every day, according to a new survey conducted by Morning Consult on behalf of the American Bankers Association. In addition, three times as many consumers believe credit unions should pay federal…
ABA: New National Consumer Polling Data on Major Bank Policy Issues Unveiled
Strong majorities value credit cards and overdraft protection, oppose lowering debit interchange fees, and support cannabis banking A new survey conducted by Morning Consult on behalf of the American Bankers Association found that a strong majority of U.S. consumers are happy with their credit cards and do not want the government to interfere with their…
ABA: Board and Officers Elected for 2024–2025
Members attending the American Bankers Association’s annual convention in New York City have elected new ABA officers and directors to serve on ABA’s board for the 2024-2025 association year. The new officers are: CHAIR: John C. Asbury, chief executive officer, Atlantic Union Bancshares Corp., Richmond, Va.; CHAIR-ELECT: Kenneth Kelly, chairman and CEO, First Independence Bank, Detroit; VICE…
ABA: Atlantic Union Bank CEO John C. Asbury Elected as New ABA Chair
The American Bankers Association today elected John C. Asbury as its chair for the 2024 – 2025 association year at ABA’s annual convention held in New York City. Asbury is the president and CEO of Atlantic Union Bankshares and CEO of Atlantic Union Bank, a Richmond, Va.-based bank with 109 branches in Virginia, Maryland and…
ABA: National Survey Finds U.S. Consumers are Happy with Their Bank, View Banks as Source of Strength for the Economy
Poll also finds Americans trust banks more than other industries to protect them from fraud In a nation deeply divided just a week ahead of Election Day, a new national survey shows Americans agree on one thing: they like their bank. Nearly 9 in 10 Americans with a bank account (85%) say they are “very…
ABA: South Carolina Banker Elected as Chair of ABA’s Community Bankers Council
The American Bankers Association has elected Jennifer T. Jones as chair of ABA’s Community Bankers Council for the 2024-2025 association year. Jones is president and CEO of CBL State Savings Bank, a 117-year-old institution headquartered in Greer, S.C. The Community Bankers Council consists of bank presidents and CEOs from across the country. Members meet twice…
ABA: Next Generation of Bank Leaders Recognized with 2024 Emerging Leader Awards
The American Bankers Association today announced the 2024 recipients of its annual ABA Emerging Leader Awards. These awards recognize the next generation of bank leaders who are committed to the highest standards of achievement and service to both their industry and their local communities. “This year’s ABA Emerging Leaders are an impressive group of rising stars…
ABA: Seven Banks Win ABA Foundation 2024 Community Commitment Awards
The American Bankers Association Foundation today named seven banks as 2024 Community Commitment Award winners. The annual awards recognize banks for extraordinary corporate social responsibility efforts in seven specific categories ranging from affordable housing to economic inclusion. The winners will be recognized at ABA’s Annual Convention in New York City on Oct. 29. The selection committee, made up…
ABA: Texas Banker Raul Valles Wins ABA Foundation Distinguished Service Award
The ABA Foundation has named Raul Valles, vice president of commercial real estate for Dallas Capital Bank in Dallas, the winner of its 2024 George Bailey Distinguished Service Award for his extraordinary commitment to supporting the military community throughout his banking career. Valles has worked in banking for more than 20 years, while also serving…