ABA Data Bank: Consumers value overdraft protection

Fewer than half of Americans have sufficient liquidity or access to funds to cover a $1,000 emergency expense, according to a new survey by Bankrate.

The House Financial Services Committee advanced three bills supported by ABA, covering regulatory tailoring for community banks, reauthorization of the Terrorism Risk Insurance Program, and raising Bank Secrecy Act reporting thresholds.

In 2025, just 54% of U.S. adults reported drinking alcohol, the lowest level Gallup has ever recorded, as a majority of Americans now believe even moderate drinking is bad for their health.

The FDIC has approved two deposit insurance applications submitted by automobile manufacturers Ford and GM to establish industrial banks, according to an agency statement.

The rate for a 30-year fixed-rate mortgage was 6.09% this week. The rate for a 15-year fixed-rate mortgage was 5.44%.

Government intervention in the U.S. credit card market would harm consumers, small businesses and community-based financial institutions by reducing choice, increasing costs and fraud risks, and creating economic challenges for smaller institutions, the ABA and 10 financial sector...