ABA: Bank Economists Share that Soft Landing Remains Likely, But Risks Remain
The American Bankers Association’s Economic Advisory Committee expects moderating inflation to enable the Federal Reserve to reduce the federal funds rate and support an ongoing economic expansion, according to the latest forecast the group released today. The committee, composed of 15 chief economists from some of North America’s largest banks, expects solid real economic growth…
ABA: Officers, Board Nominated for 2024–2025
The American Bankers Association’s Nominating Committee has finalized the official slate of candidates to be presented for election at the association’s annual meeting scheduled for Oct. 29 in New York City. The committee, chaired by Daniel D. Robb, president and CEO, Jonesburg State Bank, Jonesburg, Mo., nominated these candidates for ABA officer positions: The committee…
ABA: 2024 Diversity, Equity and Inclusion Award Winners Announced
The American Bankers Association honored the winners of its 2024 ABA Diversity, Equity and Inclusion awards today at the association’s virtual 2024 DEI Summit, cohosted with Virginia Bankers Association and Maryland Bankers Association. These awards recognize ABA member banks for their internal-facing programs, leadership and activities focused on improving diversity, equity and inclusion within their workplace. “We are…
ABA: Foundation Joins with Government Agencies to Launch New Infographic Warning Consumers about Cryptocurrency Scams
The ABA Foundation, in collaboration with the Federal Bureau of Investigation, Commodity Futures Trading Commission, Securities and Exchange Commission, Internal Revenue Service – Criminal Investigation, Department of Homeland Security, U.S. Secret Service, Financial Crimes Enforcement Network and Financial Industry Regulatory Authority today released a new infographic warning consumers about the increasing threat of cryptocurrency investment scams. According…
ABA: Wisconsin Banker and Local Marketing President Receive Top Ag Banking Awards
The American Bankers Association today announced the recipients of its annual Bruning and Blanchfield Awards, the association’s premier awards presented for significant contributions to agricultural banking. ABA will honor Dave Coggins, retired senior vice president of ag banking at Nicolet National Bank based in Green Bay, Wis. with the Bruning Award and Carroll Merry, president…
ABA: Foundation Encourages Banks to Host “Lights, Camera, Save!” Video Contest
The American Bankers Association Foundation is urging banks across the country to participate in its upcoming 14th annual Lights, Camera, Save! video competition that runs from Oct.1 to Dec.1. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management. The competition is one of the ABA…
ABA: Bank Economists Growing More Optimistic About Business Credit, Prospect for Soft Landing
Bank economists are expressing increased optimism about the outlook for business credit and the prospect of a soft landing for the U.S. economy 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…
ABA: Foundation Launches “Unlocking Homeownership” Education Campaign
The ABA Foundation today launched a new campaign, Unlocking Homeownership, which seeks to respond to the nation’s housing challenges by making it even easier for banks of all sizes to promote homeownership education and counseling. The campaign is part of the ABA Foundation’s celebration of June as American Housing Month. In partnership with NeighborWorks®America and Rebuilding…
ABA: New Banker Guide Released to Drive Community Engagement and Advance Inclusive Economic Solutions
The ABA Foundation today released “Community Conversations: Keys to Engaging Communities and Driving Inclusive Economic Solutions,” a new guide designed to help banks deepen their partnerships with community stakeholders and foster new cross-sector strategies to move people along the path to economic mobility and prosperity. The new resource offers a community engagement assessment to help bankers reflect…