USAA: Military community shows financial resilience
Military service members were stronger financially at the end of 2023 than they were before the COVID-19 pandemic, even as ...
Tag: Military banking
Bank survey: Military families cite low income, inflation as financial product challenges
Roughly 30% of military families cite low income and lack of stability as a “primary challenge” they face with their ...
ABA, associations seek equal treatment for banks, credit unions on military bases
ABA and two banking associations asked the leaders of the Senate and House Armed Services Committees to support requiring the ...
CFPB report finds servicemembers underutilizing SCRA interest rate reduction
In a new report released today, the Consumer Financial Protection Bureau raised concerns that servicemembers are paying extra in interest ...
ABA opposes adding Durbin-Marshall to defense bill
Sens. Richard Durbin (D-Ill.) and Roger Marshall (R-Kan.) last week filed an amendment that would add the ABA-opposed S. 4674 ...
CFPB to Restart Military Lending Act Supervision
In a reversal of existing policy, the Consumer Financial Protection Bureau today issued an interpretive rule stating that it has ...
VA Finalizes Rule on Partial Claim Program after Industry Advocacy
The Department of Veterans Affairs last week finalized a rule establishing a new COVID-19 Veterans Assistance Partial Claim Payment Program.
May I Send Adverse Action Notices to Joint Applicants at the Same Mailing Address—Even if They Reside at Different Addresses?
. . . and other questions and answers from the March/April 2021 ABA Regulatory Policy and Compliance Inbox.
ABA, Groups Make Recommendations to Improve Service Members’ Financial Readiness
The American Bankers Association joined other members of the Military Family Financial Readiness Coalition in offering recommendations to the Biden-Harris ...
Podcast: Celebrating Bankers’ Community Commitment
The ABA Banking Journal Podcast continues a pre-Thanksgiving tradition by interviewing the winners of ABA's 2020 Community Commitment Awards. These ...
