ABA

ABA: Virginia Banker Appointed Chair of American Bankers Council

The American Bankers Association today announced that John Asbury has been named chair of ABA’s American Bankers Council for the 2023-2024 membership year. Asbury is the president and CEO of Atlantic Union Bankshares and CEO of Atlantic Union Bank, a Richmond, Va.-based bank with 109 branches in Virginia, Maryland and North Carolina. He is also…

ABA: Reading Cooperative Bank CEO Julieann M. Thurlow Elected as New ABA Chair

The American Bankers Association today elected Julieann M. Thurlow as its chair for the 2023 – 2024 association year at ABA’s annual convention held in Nashville, Tenn. Thurlow is president and CEO of Reading Cooperative Bank, a 130+-year-old mutual community bank in Massachusetts. She is responsible for the bank’s strategic direction and management, and also…

ABA: Board and Officers Elected for 2023-2024

Members attending the American Bankers Association’s annual convention in Nashville, Tenn., have elected new ABA officers and directors to serve on ABA’s board for the 2023-2024 association year. The new officers are: Beginning new terms on the ABA board are: The above board members will join ABA President and CEO Rob Nichols, who also serves…

ABA: New National Survey Finds U.S. Consumers Remain Happy with Their Bank and Competitive Financial Services Marketplace

Survey also found consumers highly value overdraft protection and want Congress to allow banks to serve cannabis-related businesses More than 8 in 10 Americans (84%) say they are “very satisfied” or “satisfied” with their primary bank, and 94% rate their bank’s customer service as “excellent,” “very good” or “good,” according to a new survey conducted…

ABA: Next Generation of Bank Leaders Recognized with 2023 Emerging Leader Awards

The American Bankers Association today announced the 2023 recipients of its annual ABA Emerging Leader Awards. These awards recognize the next generation of bank leaders who are committed to the highest standards of achievement and service to both their industry and their local communities. “The 2023 ABA Emerging Leader Award recipients are a talented and diverse…

ABA: Banks Accepting Entries for the ABA Foundation’s Annual Lights, Camera, Save! Teen Video Contest

Banks across the nation are now accepting entries for the American Bankers Association Foundation’s 13th annual 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. This free competition is one of ABA Foundation’s most popular financial education initiatives. Teen contestants…

ABA: 4th Annual #BanksNeverAskThat Consumer Awareness Campaign Launched

New campaign offers Spanish-language website and resources The American Bankers Association and banks across the country today launched the 4th annual #BanksNeverAskThat consumer protection campaign. With more than 2,000 participating banks, ABA’s #BanksNeverAskThat anti-phishing campaign has helped educate millions of bank customers and consumers across the country on how to spot common scams from bad…

ABA: Rhode Island Banker Wins Distinguished Service Award

The ABA Foundation has named Paola Fernandez, senior vice president of community development for Centreville Bank in West Warwick, R.I., the winner of its 2023 George Bailey Distinguished Service Award. Fernandez was recognized for her dedication to building and leveraging relationships to support underserved communities throughout Rhode Island and northeastern Connecticut. She will be honored…

ABA: Eight Banks Win 2023 Community Commitment Awards

The American Bankers Association Foundation today named eight banks as 2023 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 at ABA’s Annual Convention in Nashville, Tenn. on Oct. 10. The selection committee, made up of…

ABA: Bank Economists See Weakening Credit Conditions Through End of 2024

Bank economists expect credit conditions to weaken 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 outlook for credit markets produced by ABA’s Economic Advisory Committee (EAC). The EAC includes chief economists…