ABA: Officers, Board Nominated for 2017-2018
The American Bankers Association’s Nominating Committee has selected the official slate of candidates for election at the association’s annual convention to be held in Chicago, October 15-17. The committee, chaired by R. Daniel Blanton, senior executive vice president, South State Bank in Augusta, Ga., nominated the following candidates for ABA officer positions: CHAIRMAN: Kenneth L….
ABA: 9 in 10 Americans Rate Their Bank’s Service as Good or Excellent
Nine in 10 Americans with a bank account (89 percent) rate their bank’s service and support as “good,” “very good” or “excellent,” according to a new survey conducted by Morning Consult on behalf of the American Bankers Association. The same number say they are satisfied with their primary bank. The survey also asked consumers to…
ABA: 10 Money Mistakes College Freshmen May Soon Regret
As college freshmen begin arriving on campuses across the country, the American Bankers Association Foundation is highlighting common money mistakes many of their predecessors wish they had avoided. “Most college freshmen are getting a taste of economic freedom for the first time, and they may not realize that small expenses can add up really quickly,”…
ABA: Foundation Seeking Banks to Host 8th Annual Lights, Camera, Save! Video Contest
WASHINGTON — The American Bankers Association Foundation is urging local banks to participate in its Lights, Camera, Save! video contest. Lights, Camera, Save! is a national contest that encourages teens to use video to communicate the value of sound money management. Through Lights, Camera, Save!, teen participants will create up to a 90-second video that…
ABA: “Take Your Lawmaker to Work” Program Kicks Off
Members of Congress invited to experience a ‘day in the life’ as a bank employee WASHINGTON — August marks the start of the American Bankers Association’s “Take Your Lawmaker to Work” program – an annual initiative that encourages bankers to host their elected policymakers at a local branch. Bankers across the country have invited members…
ABA: National Judges Selected for 2017 Top Banks in Corporate Social Responsibility
WASHINGTON — The American Bankers Association Foundation has announced the national experts responsible for judging the 2017 Community Commitment Awards. The awards program celebrates the innovative and high impact contributions banks of all sizes make to their communities. The 2017 award winners will be recognized at ABA’s Annual Convention in Chicago, Oct. 15-17. The awards…
ABA: Statement on House Vote on Arbitration Rule a Win for Consumers
By Rob Nichols, ABA president and CEO “We applaud members of the House for taking a stand on behalf of consumers by voting to overturn the CFPB’s arbitration rule. Today’s action is critical to ensuring the Bureau doesn’t provide trial lawyers with a regulatory windfall at consumers’ expense. “In class-action lawsuits, the spoils go…
ABA: Bank Economists Share Moderate Growth to Continue Through 2018
WASHINGTON — The U.S. economy will continue to expand through next year with support from fiscal stimulus, according to the Economic Advisory Committee of the American Bankers Association. “The forces that have sustained eight years of progress, such as low interest rates and improvements in labor markets, will continue into next year,” said Christopher Probyn,…
ABA: Mortgage Borrowers Want Both Technology and In-Person Services
Survey also found down payment, student debt preventing home purchases WASHINGTON — A majority of Americans (60 percent) agree that while they use online resources for research, they prefer to apply for a mortgage in person, according to a new survey from the American Bankers Association. Seventeen percent said they would prefer to apply for…