ABA added ten banks to its Nasdaq Community Bank Index (ABAQ) today. The index now includes 363 community banks with a combined market cap of over $222 billion.
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ABA is urging all bankers to sign its petition for regulatory relief for America’s hometown banks.
With a government spending bill due by Dec. 11, negotiations over what will go into it are reaching a fever pitch on Capitol Hill. ABA views the spending bill as the best chance of including bipartisan regulatory relief provisions that bankers are seeking.
In a joint letter today, ABA and several farming industry groups urged the Senate to repeal a provision in the recent budget bill that would hinder the private-sector delivery of crop insurance.
ABA in a joint letter today urged Congress to remove Section 407 from the Cybersecurity Information Sharing Act as the House and Senate prepare to reconcile competing versions of the bill.
As part of this week’s Pass Reg Relief Now efforts, ABA is running drive-time radio spots on Sirius XM’s CNBC and MSNBC stations to make the case for regulatory relief.
In his remarks at the ABA Annual Convention yesterday, CFPB Director Richard Cordray encouraged banks of all sizes to continue working to increase financial literacy, stressing the importance of financial education for three specific groups: students, adults in the workplace and older Americans.
This morning in Los Angeles, ABA Chairman John Ikard, President and CEO Frank Keating and incoming President and CEO Rob Nichols will open ABA’s Annual Convention with a year in review, a discussion of key banking issues, challenges and recent successes.
Fifty bankers yesterday toured several community centers and supportive housing facilities whose development was led by banks of all sizes.
Jess Sharp will be SVP and executive director of ABA’s Card Policy Council, the leading voice on legislative regulatory and communications issues facing credit card issuers and payment networks, ABA announced today. He will join ABA on November 16.