Fed to Extend Lending Facilities through Year-End

The ISM Services Index increased 2.3 percentage points in February to land at 56.1%, its 20th consecutive month in expansion territory, according to the Institute for Supply Management.

The ABA Foundation offered its perspective on updating the U.S. national strategy for financial literacy by underscoring the critical role banks play in advancing financial capability.

ABA commended the FCC for proposing to impose a forfeiture on U.S. voice service provider Voxbeam Telecommunications for transmitting foreign-originated calls that appeared to “spoof fraud prevention or customer services phone numbers belonging to U.S. financial institutions.”

Cybersecurity and fraud are the top two risks that worry bank board members and executives in 2026, with concern about regulatory risk receding, according to a new survey on bank risks by Bank Director.

The average tax refund on March 20 was $3,571, up 10.9% from last year. The total amount that has been refunded so far is about $202.6 billion, 12.9% above last year's corresponding total.

ABA economists believe the latest job market strength should support consumer loan demand and credit quality in the near future.