The rate for a 30-year fixed-rate mortgage was 6.09% this week, down from 6.11% last week, according to Freddie Mac. A year ago, the rate was 6.87%. The rate for a 15-year fixed-rate mortgage was 5.44%, down from 5.4% last week. A year ago, the rate was 6.09%.
Court says the Fed must rewrite the rule capping how much banks can charge for processing debit card transactions. ABA called the decision disappointing,
In his final speech as ABA Chairman, Kenneth Kelly, chairman and CEO of First Independence Bank in Detroit, Michigan, highlighted the role ABA has played as a unifying advocate, an innovative catalyst and a trusted partner to the...
In a recent letter, ABA expressed support for a Nacha proposal to formalize the definition of “banking day” in its rules.
In wide-ranging remarks opening the 2026 AVA Annual Convention, ABA President and CEO Rob Nichols laid out how the association will position itself to support banks in the digital asset space, particularly through tokenized money, including tokenized deposits...
Last month, with ABA’s support, the FCC voted to revise the rules, both of which would have made it more difficult for banks to communicate by phone and text message with their customers.
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.
