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.
Browsing: Financial inclusion
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.
On the latest episode of the ABA Banking Journal Podcast, Old National Bank’s Ben Joergens discusses his bank’s experience launching a Bank On-certified account.
The ABA Foundation’s 2020 George Bailey Distinguished Service Award co-winners put the spotlight on the industry’s financial inclusion efforts.
The ABA Foundation today awarded its sixth annual George Bailey Distinguished Service Award to co-winners Alex Fennoy and Detra Miller.