The ABA Foundation has recognized six banks for their outstanding commitment to their communities.
The FDIC today released the third installment of its guide to affordable single-family home loan programs, which collects information about programs to expand access to affordable mortgage credit, including programs targeted in rural and low- and moderate-income communities and to Native Americans and veterans.
The Consumer Financial Protection Bureau is seeking feedback on the benefits and risks of using alternative data sources — such as mobile phone bills and rent payments — to help consumers establish a credit history.
Banks across the country are increasing access to tax support services and extending the benefits of EITC.
Income is a significant factor in determining whether or not consumers use traditional banking and payment services, according to a recent study by researchers at the Federal Reserve Bank of Boston.
ABA today wrote to Rep. Scott Tipton (R-Colo.) supporting a bipartisan bill that would allow banks — with a customer’s consent — to record personal information by swiping a customer’s driver’s license or personal identification card.
The share of the population that is unbanked continued falling in 2015, reaching 7 percent — the lowest share yet recorded in the FDIC’s biennial survey of unbanked and underbanked households released today.