A total of 337 financial institutions went live or signed up with Zelle in 2025, the payments network announced this week. Ninety-seven percent of those institutions were community banks and credit unions with assets of less than $10 billion.
More than 2,300 financial institutions are on Zelle, reaching 80% of U.S. bank and credit union accounts. The network said that most Zelle payments on any given day go toward essential living expenses, such as rent and monthly recurring payments.
Home purchase cancellations rose to 14.5% of pending sales in September, the highest rate on record outside the early months of the pandemic.
Consumer sentiment decreased 0.2% month-over-month in October to 48, and was down 10.4% from one year ago, according to final results of the University of Michigan Surveys of Consumers.
ABA joined state bankers associations in Illinois, Texas, California and Missouri in debuting ads thanking House lawmakers in each for supporting policies that help families and small businesses.
Bank deposits deliver different — and more — value than stablecoins do. Comparing them on only one dimension obscures the picture.
The convention will open with remarks from ABA President and CEO Rob Nichols, who will outline the association’s priorities for the year ahead and look ahead to the midterm election
Core providers are large and have significant market power, but bankers are not without options when it comes to working with them.
