ABA: National Survey Shows Americans Trust Banks Most to Keep Their Information Safe
U.S. adults trust banks more than any other entity – including healthcare providers, non-bank payment providers and the government – to keep their information secure and private, according to a new survey conducted by Morning Consult on behalf of the American Bankers Association. In addition, all age groups surveyed (Gen Z, Millennials, Gen X and…
ABA: Georgia Banker Elected as New ABA Chairman
Today the American Bankers Association elected James J. Edwards, Jr., as its chairman for the 2020-2021 association year. Originally scheduled to be held in Boston, the election took place during ABA’s virtual annual convention due to COVID-19. Edwards is CEO of United Bank, a $1.7 billion community bank based in Zebulon, Ga. The bank operates…
ABA: Officers, Board for 2020-2021 Elected
Members attending the American Bankers Association’s virtual annual convention have elected new ABA officers and directors to serve on ABA’s board for the 2020-2021 association year. The new officers are: CHAIRMAN: James J. Edwards, Jr., CEO, United Bank, Griffin, Ga.; CHAIRMAN-ELECT: A. Scott Anderson, president and CEO, Zions Bank, Salt Lake City; VICE CHAIRMAN: Daniel…
ABA: Seven Banks Win ABA Foundation’s 2020 Community Commitment Awards
The American Bankers Association Foundation named seven banks as 2020 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 today at ABA’s Unconventional Convention. “This has been a challenging year in so many ways, and…
ABA: M&T Bank and Midwest BankCentre Employees Win ABA Foundation Distinguished Service Awards
Detra Miller and Alex Fennoy have been named the ABA Foundation’s 2020 George Bailey Distinguished Service Award winners for their efforts to expand banking services to underserved communities. The two bankers will be recognized today at the ABA Unconventional Convention. Now in its sixth year, the George Bailey Distinguished Service Award recognizes a non-CEO bank employee…
ABA: America’s Banks Urged to Offer Bank On-Certified Accounts
Core Providers Pledge Support for Financial Inclusion Initiative The American Bankers Association today called on every bank in the country to consider offering Bank On-certified accounts to expand access to banking services and reduce the number of unbanked and underbanked Americans. In urging all banks to join ABA in this financial inclusion initiative during his…
ABA: National Survey Shows Americans Remain Highly Satisfied with Their Bank, Appreciate Banks’ Response to COVID-19
Nine in 10 Americans with a bank account (89 percent) say they are “very satisfied” or “satisfied” with their primary bank, and 96 percent rate their bank’s customer service as “excellent,” “very good” or “good,” according to a new survey conducted by Morning Consult on behalf of the American Bankers Association. The survey, unveiled today…
ABA: Statement on House Coronavirus Subcomittee Report on PPP
“Working with the federal government, banks of all sizes worked day and night to get the Paycheck Protection Program off the ground in the middle of a pandemic. The size, scale and speed of their response was unprecedented, delivering more than $500 billion in PPP loans that have allowed struggling small businesses affected by COVID-19…
ABA: Bank Employees Across U.S. Share Financial Knowledge with Students on Get Smart About Credit Day
Bank employees across the country will celebrate the American Bankers Association Foundation’s Get Smart About Credit Day on Oct. 15th by presenting virtual lessons to teens and young adults on a range of personal finance topics. Given the economic disruption from the ongoing pandemic, this year’s online campaign is particularly timely. Get Smart About Credit Day, celebrated…
ABA: Officers, Board Nominated for 2020-21
The American Bankers Association’s Nominating Committee has selected the official slate of candidates for election at the association’s virtual annual meeting to be held October 20, 2020. The committee, chaired by Jeffrey M. Szyperski, chair, president and CEO, Chesapeake Bank, Kilmarnock, Va., nominated these candidates for ABA officer positions: CHAIRMAN: James J. Edwards, Jr., CEO,…