ABA

ABA: Banker and Professor 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 Leonard Wolfe, president and CEO of United Bank and Trust based in Marysville, Kan. with the Bruning Award and Robert Craven, associate director of the Center…

ABA: Inaugural Diversity, Equity and Inclusion Award Winners Announced

The American Bankers Association recognized inaugural winners of its new ABA Diversity, Equity and Inclusion awards today at the virtual 2023 DEI Summit. These awards celebrate ABA member banks for their internal-facing programs, leadership and activities focused on improving diversity, equity and inclusion within their workplace. “We congratulate all of the winners and honorable mentions of these inaugural…

ABA: New Report Finds 88% of Banks Report Active Social Media Engagement

Nine in 10 banks (89%) believe social media is important to their banks and 88% are very or somewhat active on their social media accounts, according to a new report released today by the American Bankers Association. The State of Social Media in Banking 2023 highlights the results of an ABA survey of 330 banks of all…

ABA: Bank Economists Note “Soft Landing” Odds Have Improved but Recession Risks Remain

Despite an expected loss of momentum in U.S. economic growth over the next few quarters, the U.S. economy is likely to dodge a recession, according to the latest forecast of the American Bankers Association’s Economic Advisory Committee. The committee, composed of 14 chief economists from some of North America’s largest banks, sees real economic growth…

ABA: Board & Officers for 2023-2024 Nominated

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 October 8-10 in Nashville, Tenn. The committee, chaired by A. Scott Anderson, president and CEO, Zions Bank, Salt Lake City, nominated these candidates for ABA officer positions: The committee also…

ABA: Foundation Encourages Banks to Host 13th Annual Lights, Camera, Save! Teen Video Contest

Popular National Competition Promotes Financial Education The American Bankers Association Foundation is urging banks across the country to participate in its upcoming 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…

ABA Urges Bankers to Contribute to Disaster Relief Efforts in Hawaii

In the aftermath of the unprecedented wildfires in Hawaii, the American Bankers Association will donate $25,000 to the Hawaii Community Foundation’s Maui Strong Fund to assist with immediate disaster response and recovery. The ABA donation follows a similar contribution from our alliance partners at the Hawaii Bankers Association. The HBA was one of the first…

ABA & TBA Call on CFPB to Extend 1071 Stay to All FDIC-Insured Banks

In a new letter to CFPB Director Rohit Chopra, the Texas Bankers Association (TBA) and American Bankers Association (ABA) called on the Consumer Financial Protection Bureau to extend U.S. District Court Judge Randy Crane’s recent court order pausing the CFPB’s 1071 Final Rule implementation to all FDIC-insured banks. “As you know, we requested relief for every entity subject to…

ABA: U.S. District Court Grants Injunction on CFPB Section 1071 Final Rule

Court Order Pauses Final Rule Implementation for Texas Bankers Association and American Bankers Association Members The Texas Bankers Association (TBA) and co-plaintiffs, Rio Bank of McAllen, Texas, and the American Bankers Association (ABA), have been successful in their motion to halt implementation of the Consumer Financial Protection Bureau’s (CFPB) Section 1071 Final Rule. In an order…

ABA Joins Project Fintech Accelerator as a Founding Partner

The American Bankers Association today announced it has joined the 2023 Project Fintech accelerator as a founding partner. Through this partnership, ABA will work closely with the Project Fintech team over the next nine months to engage with nine startups developing innovative banking technology products and services. “Innovation is at the core of today’s banking industry, and…