ABA Data Bank: Libor Replacement Rates Banks Plan to Use
Half or more of banks surveyed plan to use the SOFR daily, SOFR term structure, SOFR arrears compounding, and/or BSBY reference rates to replace Libor.
Browsing: ABA Data Bank
ABA Data Bank: Explaining the Deposit-Loan Divergence
Bank lending is not keeping up with deposit growth. Here’s why.
Consumers Remain Resilient as the Economy Rebounds
While delinquency rates and other indicators of consumer financial stress may rise as COVID-19 support programs are phased out, most consumers appear to be in good financial shape.
Housing Market Heats Up after COVID-19
The COVID-19 pandemic created the deepest economic contraction in modern U.S. history and led to considerable uncertainty. However, it also teed up the conditions that created a red hot housing market across the country.
ABA Data Bank: Home Prices Increased Across All 50 States in 2020
: Home Prices Increased Across All 50 States in 2020. The greatest appreciation was in the Pacific Northwest and Mountain states, such as Idaho (20.9%), Montana (15.5%), Utah (15.5%), and Washington (13.7%). There was also strong price appreciation in New England, such as in Connecticut (14.2%), Maine (13.9%), New Hampshire (13.5%) and Rhode Island (13.2%).
ABA Data Bank: Bank On Accounts, Share of New Customers Grow in 2019
View the data here.
ABA Data Bank: Credit Card Rewards Provide Value to Consumers of All Income Levels
Most credit card holders have active rewards cards, including more than three-quarters of balance-active cardholders with a household income less than $50,000.
ABA Data Bank: Supporting Rural America
U.S. banks extended $174 billion in farm loans in 2020, of which $98.5 billion came from farm banks that specialize in the ag space.
ABA Data Bank: Business and Consumer Credit Markets to Experience Sustained Recovery
The chief economists of North America’s largest banks expect a sustained rebound in both consumer and business credit market conditions over the next six months, according to ABA’s latest Credit Conditions Index.
ABA Data Bank: Bank Economists See Rapid Economic Resurgence Ahead
The U.S economy is recovering rapidly and is expected to yield inflation-adjusted growth of 7.2% over the four quarters of this year before easting to a still-robust 3.1% in 2022, according to the latest forecast of the American Bankers Association’s Economic Advisory Committee.