The Consumer Financial Protection Bureau today issued a statement encouraging financial institutions to expand access to financial products and services for consumers with limited English proficiency.
Browsing: Financial inclusion
Southern Bancorp’s high-touch focus on pairing in-depth financial counseling with a Bank On-certified checkless checking account to help reach the unbanked in the Delta.
The Consumer Financial Protection Bureau’s Task Force on Federal Consumer Financial law today issued an…
The American Bankers Association this week ran an ad in Politico magazine—a widely read publication among policymakers in Washington, D.C.—highlighting its effort to promote financial inclusion and encourage banks to offer low-cost, basic accounts that meet Bank On-certified standards.
The ABA Banking Journal Podcast continues a pre-Thanksgiving tradition by interviewing the winners of ABA’s 2020 Community Commitment Awards. These stories present the perfect inspiration as we prepare for the season of thanks and giving.
A community bank finds multiple ways to build relationships across a diverse region.
This fall, the ABA Banking Journal Podcast featured several episodes exploring various aspects of financial inclusion.
For many small businesses, whose owners spend on consumer credit cards and put up personal assets as collateral, the distinction between retail and business banking is blurry. Detra Miller, a veteran of M&T Bank’s retail side, noticed this when working with female and non-white entrepreneurs.
After a long career as a commercial banker in St. Louis, more than a decade ago Alex Fennoy joined Midwest BankCentre. He helped transform the community bank into one that has won awards—including a 2019 ABA Foundation Community Commitment Award—for its responsiveness to local needs.
Homeownership, savings and holding down a job are three keys to financial well-being and moving out of generational poverty, so that’s what Southern Bancorp focuses on in its home Mississippi and Arkansas Delta region, one of the nation’s poorest.