Mortgage rates fall

In his final address as ABA chair, John Asbury, CEO of Atlantic Union Bank in Richmond, Virginia, emphasized the importance of continued banker engagement, even as the regulatory tide turns in the industry’s favor.

It is important that the CDFI Fund maintain appropriate staff and funding to continue its mission, ABA and five banking associations said in a joint letter to Trump administration officials.

ABA announced a new investment in PortX, an AI-powered data integration platform built for community banks that addresses the growing need for digital transformation in the financial services sector.

U.S. adults overwhelmingly trust banks more than any other entity to protect them from fraud, according to a new survey conducted by Morning Consult on behalf of ABA.

As banks expand their deployment of artificial intelligence tools, Sen. Ted Budd (R-N.C.) called for federal regulation to preempt state laws on AI use.

Comptroller of the Currency Jonathan Gould said his focus as a banking regulator is to correct the regulatory overreach that has taken place since the 2008 financial crisis, particularly for the community bank sector.