ABA: New Campaign Seeks to Educate Holiday Shoppers About Scams
Banking Industry Ramps Up Efforts to Empower Consumers to Spot Scams With the holidays in full swing, the American Bankers Association and member banks across the country are stepping up efforts to educate consumers on the threat of scams and how to protect themselves this holiday shopping season. Scammers are taking advantage of the holidays…
ABA: National Survey Finds 99% of Consumers Give High Marks to their Bank’s Online and Mobile Experience for Third Consecutive Year
Ninety-nine percent of consumers rated their bank’s online and mobile app experience as “excellent,” “very good,” or “good,”—once again tying the record mark set two years ago—according to a national survey conducted by Morning Consult on behalf of the American Bankers Association. When considering the growth of digital and online tools as well as traditional…
ABA: 2022 Ag Lender Survey Finds Interest Rate Volatility is Top Concern in 2023
ABA, Farmer Mac joint survey reveals ag lenders are most concerned about impacts of inflationary pressure on farmers and ranchers The top concern facing agricultural lenders going into 2023 is interest rate volatility, according to the 2022 Agricultural Lender Survey report produced jointly by the American Bankers Association and the Federal Agricultural Mortgage Corporation, more commonly known…
ABA: National Survey Finds Bank Customers Continue Turning to Mobile Apps More Than Any Other Channel to Manage Their Accounts
For the third year in a row, consumers are conducting their banking via mobile apps more often than any other method, according to a new survey conducted by Morning Consult on behalf of the American Bankers Association. The national survey found that consumers continued to embrace digital banking channels, with 45% of bank customers using…
ABA: National Consumer Survey Highlights Major Banking Policy Issues
National survey finds strong majorities believe Congress should allow cannabis banking, find overdraft protection valuable, and think fintechs and credit unions should be held to same standards as banks U.S. consumers support cannabis banking, value overdraft protection and believe financial technology companies and credit unions should be held to the same standards as banks, according…
ABA: New Partnership Between ABA and National Bankers Association Announced to Serve Minority Depository Institutions
The American Bankers Association and the National Bankers Association today announced a new series of semiannual MDI partnership summits designed to connect midsize and regional banks with minority depository institutions (MDIs) across the United States. Sponsored by ABA’s Minority Depository Institutions Advisory Council (MDIAC), the summits will begin in 2023 and will be held during an ABA spring…
ABA: Bank Economists Expect Credit Conditions to Weaken over Next Six Months
Bank economists expect credit conditions to weaken over the next six months due to mounting economic headwinds, according to the American Bankers Association’s latest Credit Conditions Index released today. The latest summary of ABA’s Credit Conditions Index examines a suite of indices derived from the quarterly outlook for credit markets produced by ABA’s Economic Advisory Committee (EAC),…
ABA: Infographic on Student Loan Forgiveness Scams and Tips to Avoid Falling Victim Released
As part of its annual Get Smart About Credit campaign, the American Bankers Association Foundation today released a new infographic providing consumers with information on the prevalence of student loan debt forgiveness scams and red flags they can look out for to avoid falling victim. The infographic is the second in a suite of four infographics the…
ABA: Jonesburg State Bank CEO Daniel Robb Elected as New ABA Chair
“America’s banks play an essential role in the economic growth of communities across the country, and it’s a great honor to step into this new role advocating for our industry,” said Robb. “We face tremendous opportunities and challenges in the year ahead, and I look forward to working with my colleagues to help ensure banks…
ABA: Board & Officers for 2022-2023 Elected
Members attending the American Bankers Association’s annual convention in Austin, Texas, have elected new ABA officers and directors to serve on ABA’s board for the 2022-2023 association year. The new officers are: CHAIR: Daniel D. Robb, president and CEO, Jonesburg State Bank, Jonesburg, Mo.; CHAIR-ELECT: Julieann M. Thurlow, president and CEO, Reading Cooperative Bank, Reading, Mass.; VICE…