At the request of the Louisiana Bankers Association, the ABA Foundation is accepting donations to support bank employees directly affected by Hurricane Laura, which struck Southwestern Louisiana last week.
The latest episode of the ABA Banking Journal Podcast features interviews with the winners of ABA’s 2018 Community Commitment Awards.
Amid a record-setting wave of disaster losses in 2017 — including from Hurricanes Harvey, Irma and Maria, plus wildfires in the West — small businesses’ insurance gaps meant that credit availability was a key factor in their ability to recover, according to a report today from the Federal Reserve Banks of New York, Dallas, Richmond and San Francisco.
The commitment of our banks to the community and the fearless, unbreakable spirit of the people of Puerto Rico will make its road easier to travel.
The Federal Housing Administration today announced a new option that allows FHA-insured homeowners whose homes were damaged by recent natural disasters to remain in their homes, and also reduces losses that would otherwise negatively affect FHA’s mutual mortgage insurance fund.
As bankers, we’re challenged by risk and risk management issues every day.
At ABA’s Annual Convention in Chicago today, the association unveiled a new video spotlighting how bankers pitched in and responded to the wave of devastating hurricanes that hit Texas, Florida and Puerto Rico this fall.
In his first speech as ABA chairman, Texas banker Ken Burgess shared remarkable stories of bankers’ commitments to their neighbors in ways large and small.
With Puerto Rico facing a daunting recovery from the massive destruction of Hurricane Maria, ABA President and CEO Rob Nichols has announced that the association will contribute $100,000 for Hurricane Maria relief, as it did after both Hurricanes Harvey and Irma.
The National Flood Insurance Program has depleted its capacity to borrow from the Treasury Department following the destruction of Hurricanes Harvey, Irma and Maria, according to the Federal Emergency Management Agency.