Interview: Anderson Tackles Tough Topics as ABA’s New Chair
In a wide-ranging interview with American Banker, ABA Chair Scott Anderson discussed his objectives for the year ahead and touched on a number of key industry issues.
Browsing: Economic inclusion
New ABA Chair Addresses Key Advocacy Topics
In his first public address as ABA’s new chair, Scott Anderson outlined two big-ticket priorities as he takes the board’s helm: ensuring racial and financial equality and credit union reform.
ABA Hearing Statement Highlights Banking Industry Commitments to DEI and Financial Inclusion
In a statement for the record shared ahead of a House Financial Services Subcommittee hearing on economic and racial justice in the aftermath of George Floyd’s death, the American Bankers Association emphasized the banking industry’s commitment to diversity, equity and inclusion and highlighted some of the DEI and financial inclusion initiatives banks are implementing across the country.
ABA Unveils 2021 ‘Blueprint for Growth’
With the 117th Congress preparing to tackle additional coronavirus relief, as well as a broad range of other policy items, the American Bankers Association on Friday released its 2021 Blueprint for Growth.
CEO Q&A: Healing ‘Pain Points’ for Family Businesses
A conversation with Wendy Cai-Lee of de novo Piermont Bank on the unique needs of multigenerational family firms.
Fed Survey: Economic Results of COVID Outweigh Health Risks for LMI Communities
Economic and business-related effects vastly outrank health outcomes when it comes to the impact of COVID-19 on low-to-moderate-income communities, according to a Federal Reserve survey today.
McWilliams Emphasizes Innovation’s Role in Financial Inclusion
Financial innovation can deliver “tremendous benefits” to consumers and help minority depository institutions enhance participation in the mainstream financial system, FDIC Chairman Jelena McWilliams said today.
Nichols Calls on Bankers to Address Racial Inequities
Speaking at the ABA Risk and Compliance Virtual Conference this morning, ABA President and CEO Rob Nichols praised the industry’s response to the coronavirus pandemic and emphasized that bankers must respond with equal passion and determination to address longstanding racial inequities.
CFPB Study Finds Mixed Results for ‘Credit-Builder’ Loans
The Consumer Financial Protection Bureau today released a study of the effects of so-called credit-builder loans on credit scores.