FDIC: Bank Profits Up in Third Quarter as Capital, Liquidity Levels Remain Strong
FDIC-insured banks and savings institutions earned $69.5 billion in the third quarter of 2021, a 35.9% increase from a year...
Community Banking
Small Business Credit Card Satisfaction Surges
Small business credit card customer satisfaction surged 12 points from last year (rising to 852 on a 1,000-point scale) as...
Podcast: Giving Thanks with America’s Banks
The latest episode of the ABA Banking Journal Podcast continues a pre-Thanksgiving tradition by interviewing the winners of ABA's 2021...
OCC Nominee Takes Softer Stance on ‘Relationship Banking’ in Prepared Testimony
In prepared testimony submitted ahead of her nomination hearing tomorrow, Saule Omarova, President Biden’s nominee for comptroller of the currency,...
ABA, Banking Groups Express Opposition to Proposed SBA Direct Lending Program
The American Bankers Association and a coalition of financial trade groups expressed opposition to a proposed Small Business Administration direct...
Nichols Highlights Importance of Bank On-Certified Accounts
American Bankers Association President and CEO Rob Nichols today emphasized the importance of Bank On-certified accounts as a way to...
Podcast: The Bank M&A Outlook for 2022
With bank M&A in 2021 catching up after a pandemic-induced pause, aggregate deal value in 2022 could near $60 billion,...
Back in Business
Bank M&A activity is on pace to exceed pre-pandemic levels as institutions seek scale to combat the challenging earnings environment.
ABA Foundation Highlights Strategies for Expanding Financial Inclusion to Persons with Criminal Records
Banks are employing a number of successful strategies to help promote financial inclusion among individuals with criminal records, the American...
Reuter Discusses Threat of Central Bank Digital Currencies
A U.S. central bank digital currency, or CBDC, would be a “threat to core funding to the banking industry,” Jim...
