A Banker’s Story for Christmas
By Katie Boyd
By Katie Boyd
By Kate Young
By Cassandra Giovanni
By Corey Carlisle Financing housing development has many challenges, but keeping that housing stock within reach of a growing segment of low- to moderate-income households can be nearly impossible. The chief culprit here is the widening gap between construction and maintenance costs and the rents most can pay. To bridge this divide, affordable housing developers
Banks of all sizes and nonprofit partners are working together in Nashville to build communities, finance small business and create jobs, ABA President and CEO Rob Nichols wrote in a joint op-ed in the Tennessean today.
Banks participating in the FDIC’s youth savings pilot program are seeing strong results, agency chairman Martin Gruenberg said today, adding that the FDIC will by year’s end provide a “roadmap” for other banks wishing to offer similar programs in schools.
Nearly 5,000 bankers across the country today took part in the ABA Foundation’s Get Smart About Credit Day, visiting high school classrooms to teach more than 64,000 students about the importance of using credit effectively.
The ABA Foundation has announced six banks recognized for their outstanding commitment to their communities.
By Laura E. Rowe
Recent studies on charitable giving suggest Americans are donating more to charities and nonprofits, but are giving less of their time.