“When we’re able to take banking to them, at a place where they already have trust with their employer, that’s a bridge,” says Jennifer Huffman of Atlantic Union Bank’s workplace banking product. “From there we’re able to grow that relationship.”
One bank’s focus on continuous improvement means associates know they will continue to get new options, and the bank will continue to listen to their feedback.
On the latest episode of the ABA Banking Journal Podcast, two bank leaders explore how the ERGs provided by ABA for bankers to benefit from this kind of resource at banks that may not be large enough to host an ERG in-house.
Nearly 72 million Americans were covered by health savings accounts at the end of 2022, an increase of 6.5% from the year before, and HSAs are used across the income spectrum, with 75% of accountholders living in a zip code with a median household income of less than $100,000.
Bank partnerships with colleges and universities hold promise to help banks tackle human resources challenges: creating a pipeline of rising professionals with banking exposure, and diversifying banks’ talent bases.
A well-structured and supported mentoring program can help bring along those individuals who are eager to learn more about compliance and have the baseline skills to succeed.
The ABA Stonier Graduate School of Banking recognized 229 graduates today, awarding Stonier diplomas and Wharton leadership certificates.
The legislation would amend the Exchange Act to allow 403(b) retirement plans to invest in unregistered insurance contracts and collective investment trusts that currently may be invested in by comparable retirement plans, such as 401(k) plans.
The EEOC said, in many cases, that an employer is responsible for its use of algorithmic decision-making tools even if the tools are designed or administered by another entity.
In an age of digital customer interactions and shifting employee loyalties, recruiting employees starts with…