ABA Supports Strengthening CDFI Fund’s Small Dollar Loan Program
In a comment letter submitted on Friday, the American Bankers Association expressed support for strengthening the Community Development Financial Institutions...
Community Banking
FFIEC Updates its BSA/AML Exam Manual
FFIEC released a new section and updates to three sections of its Bank Secrecy Act/anti-money laundering examination manual
ABA Adds 11 Banks to ABAQ Index
The American Bankers Association added 11 banks to its Nasdaq Community Bank Index (ABAQ) today.
ABA Pushes For SBA Ban on Making Direct Loans Through 7(a) Program
The American Bankers Association yesterday wrote in support of H.R. 6037, legislation that would prohibit the Small Business Administration from...
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...
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...
