Banks and credit unions should receive the same treatment when operating on military bases, American Bankers Association President and CEO Rob Nichols wrote in an joint op-ed with the heads of the Associations of Military Banks of America and the Independent Community Bankers of America.
The American Bankers Association Foundation has recognized eight banks for their outstanding commitment to their communities.
…and more insights from ABA’s Compliance Center Inbox in the next issue of the ABA Banking Journal.
The Consumer Financial Protection Bureau today called on Congress to grant the bureau clear authority to supervise for Military Lending Act Compliance.
The American Bankers Association today launched a new training initiative designed help veterans, active-duty service members and military spouses transition to careers in banking.
How banks are helping service members build their financial futures—and post-military careers, too.
To help encourage military veterans and active-duty military spouses to transition to banking as a career, the American Bankers Association today announced that it is launching a new suite of online training courses — available for free to ABA member banks — called “Transitioning Careers: Basic Bank Training for Veterans.”
As House and Senate lawmakers work to reconcile their versions of the FY 2019 National Defense Authorization Act, ABA — along with the Independent Community Bankers of America and the Association of Military Banks of America — today wrote to conference committee members urging them to include in the final bill a House provision that would level the playing field between credit unions and banks serving military bases.
The ABA Foundation is proud to support the financial readiness and success of our service member customers and their families.
In a comment letter to the Department of Defense today, ABA called on the Pentagon to repeal a section of the amendments to its Military Lending Act interpretive rule relating to service members’ ability to finance the purchase of Guaranteed Acceptance Protection insurance with a loan used to purchase the vehicle.