ABA

ABA: Bankers Invited to Join New Ag Banker Network

New online discussion forum for ag lenders WASHINGTON — As ag bankers continue to seek ways to help their producer clients work through difficult economic conditions in rural America, the American Bankers Association invites bankers to join their peers in the ABA Ag Bank Network. The network is an online forum, available only to ABA…

ABA: ABA Sues NCUA Over Credit Union Field of Membership Rule

WASHINGTON — The American Bankers Association has filed a lawsuit against the National Credit Union Administration after the regulator finalized a rule that would unlawfully expand fields of membership for credit unions.  The lawsuit, filed today in the United States District Court for the District of Columbia, will seek to overturn the NCUA rule. The rule disregards…

ABA: Testifies at CFPB Field Hearing on Data Access

Concerns About Consumer Protection, Consumer Control WASHINGTON — The American Bankers Association expressed concerns about consumer protections at a Consumer Financial Protection Bureau field hearing on third party access to consumer financial data today in Salt Lake City. Robert Morgan, vice president, emerging technologies at ABA testified on behalf of the association. In his testimony, Morgan explained…

ABA: 7 Ways to Avoid a Holiday Spending Hangover

WASHINGTON — As the holiday shopping season kicks into high gear, the American Bankers Association has identified seven habits that shoppers should embrace to minimize their holiday spending debt. “It’s incredibly easy to go overboard buying gifts for loved ones during the holidays, but spending within your means will help keep your holidays merry and…

ABA: National Judges Set to Select 2016-2017 Saving Star

Lights, Camera, Save! Video Contest Accepting Entries through Dec. 1 WASHINGTON – The American Bankers Association Foundation has announced its Lights, Camera, Save! national judging panel, along with the list of 118 participating banks, who will hold 139 contests in 47 states and the District of Columbia through Dec. 1. Contest winners will be announced during…

ABA: 6 Tips for Military Families

November is Military Family Month WASHINGTON —In honor of Military Family Month and upcoming Veterans Day, the American Bankers Association is highlighting six financial tips to help military families manage their money. “Service members and their families often cite finances as one of their most significant stressors, even more so than deployments and personal relationships,”…

ABA: Understanding Your Role as a Financial Caregiver

November is National Family Caregiver Month WASHINGTON — According to the Caregiver Action Network, more than 90 million Americans care for a loved one living with a disability, disease or experiencing reduced financial capability as a result of aging. Financial caregivers play an important role in ensuring that all finances — from routine to complex — are managed wisely,…

ABA: Survey Shows Consumers Trust Banks Most To Keep Their Payments Safe

Twenty-one percent of consumers have used mobile app to make payment WASHINGTON — An overwhelming majority of consumers — 82 percent — trust banks most to keep their payments safe, according to a recent survey from the American Bankers Association. Only 3 — 4 percent of consumers trust major retailers or telecom companies to protect their payments. “Banks always make the…

ABA: 12 Ways to Protect Your Mobile Device From Hackers

WASHINGTON — As more and more consumers rely on their mobile devices to bank, browse and shop on the internet, it is extremely important that they exercise certain measures to protect their devices from online threats. In recognition of National Cybersecurity Awareness Month, the American Bankers Association is recommending 12 tips to help consumers safeguard…

ABA: Bankers Celebrate Get Smart About Credit Day, Promote Financial Literacy

Bankers visit classrooms across the country on Oct. 20 to teach credit education WASHINGTON — Bankers across the country are celebrating the American Bankers Association Foundation’s Get Smart About Credit Day today by visiting high school classrooms to teach teens how to use credit effectively. Get Smart About Credit Day, celebrated annually on the third Thursday of…