Podcast: When going through a core conversion pays off

While 69% of bankers are "extremely" or "somewhat likely" to remain with their current core provider at the next renewal, when they do pursue core conversions, the primary reason is poor customer service, according to ABA's survey results.

Not only do we celebrate the 150th anniversary of our organization, we also commemorate an important milestone for the ABA Foundation.

Stablecoins as a form of sound money fall short, and without regulation pose a risk to financial stability and monetary sovereignty, according to a recent report by the Bank for International Settlements.

Financial institutions are at the forefront in volunteering engagement at 22.2%, nearly a 50% increase from 2023.

The OCC should proactively support responsible community bank digitalization through transparency, information sharing and meaningful dialogue with stakeholders, ABA said.

Federal Housing Finance Agency Director Bill Pulte directed Fannie Mae and Freddie Mac to prepare proposals to allow cryptocurrency to count as an asset for a mortgage.