ABA: National Survey Finds U.S. Consumers Are Overwhelmingly Happy with Their Bank and Financial Industry “Highly Competitive”
Survey also found consumers highly value credit card rewards programs and don’t want the federal government to put them at risk Nine in 10 Americans with a bank account (86%) say they are “very satisfied” or “satisfied” with their primary bank, and 95% rate their bank’s customer service as “excellent,” “very good” or “good,” according…
ABA: Foundation Accepting Donations to Support Florida Hurricane Relief Efforts
The American Bankers Association Foundation today announced it will start collecting tax-exempt contributions through its Disaster Relief Program to help aid relief efforts in Florida after the devastation caused by Hurricane Ian. At the request of the Florida Bankers Association (FBA), the ABA Foundation will immediately begin accepting donations today at its website ABA.com/Florida. At the…
ABA: ABA Sues CFPB for Abuse of Statutory Authority
The American Bankers Association today joined the U.S. Chamber of Commerce, Longview Chamber of Commerce, Texas Bankers Association, Independent Bankers Association of Texas, Texas Association of Business and the Consumer Bankers Association in filing a lawsuit against the Consumer Financial Protection Bureau and Rohit Chopra in his official capacity as director of the CFPB. The litigation challenges…
ABA: Seven Banks Win ABA Foundation’s 2022 Community Commitment Awards
The American Bankers Association Foundation named seven banks as 2022 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 Austin, Texas on Oct. 4. The selection committee, made up of independent,…
ABA: D.C. Area Banker Lola Pol Wins ABA Foundation Distinguished Service Award
The ABA Foundation has named Lola Pol, branch manager for Capital Bank NA in Rockville, Md., the winner of its 2022 George Bailey Distinguished Service Award for her commitment to community lending and helping first-time, low-to-moderate income homebuyers achieve homeownership throughout the Washington, D.C. area. Pol will be recognized on Oct. 4 at ABA’s Annual…
ABA: Foundation Releases New Videos to Raise Awareness on Senior Scams
The American Bankers Association Foundation today released seven new videos designed to raise awareness of the top scams targeting older Americans as a part of its Safe Banking for Seniors campaign. The campaign, led by volunteers at banks nationwide, helps older customers, their families and caregivers understand and mitigate the risks of elder fraud and financial exploitation…
ABA: Foundation Infographic Released with Tips for Avoiding Scholarship and Student Loan Scams
New Infographic from ABA Reveals Tips for Avoiding Student Loan and Scholarship Scams As part of its annual Get Smart About Credit campaign, the American Bankers Association Foundation released a new infographic today providing consumers with information on common scholarship and student loan scams and tips on how to avoid falling victim. The infographic is the first…
ABA: Officers & Board Nominated for 2022-2023
The American Bankers Association’s Nominating Committee has selected the official slate of candidates for election at the association’s annual meeting to be held October 2-4 in Austin, Texas. The committee, chaired by James J. Edwards, Jr., chief executive officer, United Bank, Griffin, GA, nominated these candidates for ABA officer positions: CHAIR: Daniel D. Robb, president…
ABA: Report Shows Credit Card Market Continued to Normalize in First Quarter 2022
Consumers continued to manage their credit well in the first quarter of 2022, a sign of continued U.S. consumer strength during that period, according to the American Bankers Association’s latest quarterly Credit Card Market Monitor released today. The report also found that credit card credit outstanding as a share of disposable income remained well below…
ABA: New Multicultural and Financial Inclusion Training Launched
New online courses to help bank employees meet the needs of increasingly diverse customer base and expand access to banking As part of the American Bankers Association’s ongoing commitment to financial inclusion, ABA today launched three new online courses for bank employees designed to enhance multicultural banking services, promote diversity, equity and inclusion, and reduce…