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…
ABA: Brooke Ybarra Named as New Head of Office of Innovation
Brooke Ybarra has been named senior vice president of innovation and strategy at the American Bankers Association and will lead the group’s Office of Innovation. In this position, Ybarra will play a key role in helping ABA member banks keep pace with technological innovation by identifying promising startups and emerging technologies that benefit the banking…
ABA: Foundation Accepting Donations to Support Montana Flood Relief Efforts
Acting on a request from the Montana Bankers Association, the ABA Foundation will activate its online disaster relief fundraising platform to support relief efforts in the state after historic Yellowstone River flooding The American Bankers Association Foundation today announced it will start collecting tax-exempt contributions through its Disaster Relief Program to help aid relief efforts…
ABA: Farm Bank Lending Increased to $99.6 Billion in 2021
Farm banks held $14.6 billion in PPP loans, $43.8 billion in small and micro loans Agricultural lending by U.S. farm banks increased 5.5% in 2021 to $99.6 billion, according to the American Bankers Association’s annual Farm Bank Performance Report. The report attributed the change to a 7.5% increase in outstanding loans secured by farmland and…
ABA: New Infographic with Tips for Prospective Home Buyers Released
In recognition of American Housing Month, the American Bankers Association Foundation today released an infographic outlining five tips for how home buyers can overcome challenging market conditions and make their dream of homeownership a reality. The infographic acknowledges that limited housing inventory, supply chain disruptions that have delayed new home construction, rising interest rates and the increased…
ABA: Credit Market Conditions Expected to Weaken in Months Ahead Amid High Inflation
While the consumer and business credit markets remain on generally solid footing, bank economists expect credit conditions to weaken over the next six months, 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…