“When you think about what’s happening in America, there’s a bifurcation that’s happening,” says Orvin Kimbrough. “You have more and more people pushing to the upper echelons of economic continuum, and you have many more who are pushing to the lower end, and the middle group is being squeezed.”
There’s a clear business case for offering Bank On-certified accounts as a way for financial institutions to both serve the unbanked and grow their banks.
The latest episode of the ABA Banking Journal Podcast continues a pre-Thanksgiving tradition by interviewing the winners of ABA’s 2019 Community Commitment Awards. These stories present the perfect inspiration as we prepare for the season of thanks and giving.
Kathy Luria of Webster Bank today received the highest individual honor bestowed by the American Bankers Association: the ABA Foundation’s George Bailey Distinguished Service Award.
Meet Puget Sound banker Laurie Stewart, who is chairing ABA in 2019-20.
More than 6,000 bankers will deliver financial education lessons to nearly 156,000 teens nationwide this year as part of ABA’s Get Smart About Credit initiative, which is sponsored by Ally Financial, Citi, U.S. Bank and Wells Fargo.
The American Bankers Association Foundation announced today that the fifth annual George Bailey Distinguished Service Award will be awarded to Kathy Luria, SVP for community affairs and philanthropy at Webster Bank in Waterbury, Conn., for her efforts to expand and enhance the bank’s community and philanthropic engagement.
The American Bankers Association Foundation has recognized eight banks for their outstanding commitment to their communities.
Localities that lost a bank headquarters in a merger saw declines in local charitable contributions and volunteer service, Federal Reserve Governor Michelle Bowman said today, citing a Fed review of Community Reinvestment Act exam reports before and after bank acquisitions.
The goal: help the individual or family obtain housing quickly, increase self-sufficiency and keep them housed.