ABA Data Bank: America’s banks support rural communities

“We’re disappointed but not surprised by the merchants' lawsuits, which seek only to undermine the nation's trusted and tested payments system,” ABA and its co-plaintiffs said.

Despite rising inventory, home prices continue to rise. For banks, continued weakness would likely keep mortgage originations, refinancing activity, and related fee income muted. 

The survey, conducted for ABA by Morning Consult, showed that most Americans view the credit card marketplace as highly competitive, and they have concerns about reduced access to credit and other potential harm from policy proposals to cap...

Overall customer satisfaction is on par with last year, while slower responses and less consistent support were areas that need improvement, the survey reported.

With nearly every state having legalized cannabis in some form, it is time for Congress to pass legislation to allow legal cannabis businesses to access banking services without fear of federal prosecution, 16 governors said in a letter...

The FDIC released guidance with steps intended to provide regulatory relief to financial institutions and facilitate recovery in areas of Hawaii affected by an earthquake in May.