Podcast: Behind the Scenes with a Community Bank’s PPP Loans

The CDFI Fund has extended the application deadlines for financial assistance and technical assistance awards to April because of last year’s government shutdown.

At the Washington Summit, ABA President and CEO Rob Nichols emphasized three key issues where banker advocacy is needed, including closing a critical loophole in the Genius Act that threatens to divert bank deposits into digital asset wallets...

The ABA Foundation announced the winners of the Lights, Camera, Save! teen video contest, a nationwide competition that encourages teens ages 13–18 to create a 30-second or less video educating their peers on the importance of smart money...

A proposed Senate bill would strengthen the CDFI Fund through added transparency, the expansion of responsible access to capital and the improvement of federal programs that support CDFIs, ABA said in a letter to the bill’s sponsors.

The ABA Foundation launched the Rebuild Right: Safe Credit Recovery and Responsible Debt Solutions campaign, a new national initiative designed to empower consumers to rebuild credit responsibly and avoid harmful financial pitfalls.

Warning that banks cannot fight scams alone, bankers told House lawmakers that federal agencies need to better coordinate their efforts to mitigate the problem and that social media providers and other technology providers also need to do their...