ABA: 6 Ways to Boost Your Credit Score
WASHINGTON —In recognition of American Housing Month in June, the American Bankers Association Foundation is reminding consumers of the critical impact credit scores can have on their housing options. “An important step to finding a home, whether you’re renting or buying, is ensuring that you have a good credit history,” said Frank Keating, ABA president…
ABA: Rent or Buy – 5 Questions Consumers Should Ask Themselves
WASHINGTON —During American Housing Month in June, the American Bankers Association Foundation is reminding consumers that their local banker can help navigate challenges associated with choosing a home, including deciding what is affordable and whether to rent or buy. “Housing markets vary across the country. Your local banker can help you navigate housing options in…
ABA: Celebrating Housing Choices, American Housing Month
WASHINGTON — The American Bankers Association and bankers across the country are celebrating American Housing Month throughout June. In the coming month, ABA will provide consumers with information on how to gauge whether the time is right to buy a home, what they need to know to select a reputable lender, how to obtain the…
ABA: 6 Financial Traps New College Graduates Should Avoid
WASHINGTON — As college students across the nation graduate and start their careers, financial responsibility should be a top priority, says the American Bankers Association. The organization has identified six traps that could hinder new college graduates from securing their financial future. “College graduates can make their future even brighter with an early focus on…
ABA: 7 Financial Tips for Military Families
ABA commemorates Memorial Day with tips for servicemembers WASHINGTON — As we honor our fallen military heroes this Memorial Day, we are reminded of the many sacrifices servicemembers and their families make to protect our nation. The American Bankers Association has highlighted seven financial tips to help make the lives of military families a little easier….
ABA: Call for Entries for ABA Community Commitment Awards
Deadline for entries is July 1, 2015 WASHINGTON — The American Bankers Association’s Community Engagement Foundation is requesting submissions for its annual Community Commitment Awards to recognize banks’ essential involvement in their communities. The awards will honor innovative, high impact contributions banks make to the customers and communities they serve. The entry period will extend…
ABA: Bankers Celebrate 19 Years of Teaching Children to Save
Estimated 293,880 children will be reached in 2015 through Teach Children to Save WASHINGTON — More than 14,000 bankers will host financial education events across the country this week as part of the 19th annual Teach Children to Save Day, on April 24. Since 1997, the program – sponsored by the American Bankers Association’s Community Engagement Foundation –…
ABA: CFPB Prepaid Rules Could Harm Underbanked Customers
In a news release, the American Bankers Association commented on the CFPB’s proposed rulemaking regarding prepaid cards: “The CFPB’s proposed rules for prepaid products include some onerous provisions that could create insurmountable compliance barriers for banks offering the cards, ABA said in a comment letter. This would be particularly harmful for “underbanked” individuals, many of…
ABA: 5 Smart Uses for Your Tax Refund
ABA offers consumer tips for putting tax refunds to good use WASHINGTON — Nearly eight out of 10 U.S. tax filers will receive a federal tax refund this year. As millions of Americans await reimbursement from Uncle Sam, the American Bankers Association has highlighted five tips for making the most of their tax refund. “Smart…
ABA: 10 Financial Tips for America’s Young and Beginning Farmers
ABA Celebrates National Ag Day on March 18 WASHINGTON — The American Bankers Association is celebrating National Ag Day on March 18 by providing financial tips to the next generation of America’s farmers and ranchers. Unlike established farmers, young and beginning farmers may need to learn the basics of creating business relationships and what goes into making…