Sens. Cardin, Daines introduce ABA-backed bill to make NMTC permanent
Sens. Ben Cardin (D-Md.) and Steve Daines (R-Mont.) yesterday introduced the New Markets Tax Credit Extension Act of 2023.
Browsing: Financial inclusion
Black History Month: Maggie L. Walker’s Historic Mission of Financial Empowerment
The story of Maggie Lena Walker and her mission to help Black women find financial empowerment and professional career opportunities.
Podcast: How CDFI status helps one community bank stay independent
“We’re a small bank, and it gets more expensive all the time to run a small community bank,” says Andy Anderson, president and CEO of Bank of Anguilla in Anguilla, Mississippi. “As long as we can do this profitably and remain in our community, that’s what we want to do.”
ABA releases new book on enhancing DEI programs
ABA today released “DEI Foundations: Practices to Accelerate Your Bank’s DEI Journey,” a new book by Naomi Mercer, ABA’s senior vice president of diversity, equity and inclusion, which details ways banks and other businesses can expand and enhance their diversity, equity and inclusion initiatives.
Anderson highlights industry DEI commitment in Convention address
Anderson announced the launch of a new book by ABA SVP Naomi Mercer: “DEI Foundation: Practices for Accelerating Your Bank’s DEI Journey.”
ABA recommends reauthorizing NFIP on a five-year basis
NFIP is “essential” so borrowers in flood-prone areas can access mortgage collateral and insurance to protect their properties, ABA said.
Fed survey: Americans’ financial well-being improves in 2021
Nearly 8 in 10 U.S. households surveyed in late 2021 said they were “doing OK” or “living comfortably,” according to the Federal Reserve’s annual Report on the Economic Well-Being of U.S. Households released today.
Podcast: How a CBDC would ‘fundamentally rewire our economy’
In a special bonus episode of the ABA Banking Journal Podcast, ABA’s Rob Morgan digs into the association’s comments on the Federal Reserve’s discussion paper on central bank digital currencies.
ABA unveils new Bank On infographic
As the banking industry works to address the 7.1 million households that are unbanked in the United States, ABA has unveiled a new infographic highlighting how Bank On-certified accounts can provide consumers with safe, affordable access to the mainstream financial system.
ABA Foundation invites applications for 10th annual Community Commitment Awards
The ABA Foundation invites entries for the tenth annual Community Commitment Awards, which recognize and promote extraordinary bank commitment to communities and the innovative, high-impact programs that improve the quality of life for customers and the communities banks serve.