American Bankers Association

The American Bankers Association has requested more time to respond to a proposal that would expand lending authority for credit union service organizations.

Election-reform advocates say the American Bankers Association and other organizations should take into account candidates’ commitment to democracy, not just their stances on issues, in directing donations.

Bank of America and Citigroup trimmed compensation for their chief executives in 2020, a year in which banks exercised restraint in compensating employees as the pandemic ravaged the economy.

A plan to make expansion easier for credit unions is getting pushback not just from bankers, but also from the regulator's current chairman and a former board member.

With many Americans and members of Congress questioning the results of the presidential election, financial services trade associations quickly vowed to work with the incoming administration.

Opening a bank or investment account — or even securing employment in a racism-free workplace — is out of reach for many Black Americans.

Thomas Pinder held jobs at the Justice Department and FDIC before coming to the American Bankers Association in 2012.

The proposed regulation would codify a 2018 pronouncement by regulators that guidance does not carry the force of law.

The Paycheck Protection Program and encouraging digital innovation are top priorities for James Edwards, CEO of United Bank in Georgia. He also expects the American Bankers Association to promote diversity and regulatory reform in the next year.

Both the Federal Deposit Insurance Corp. and the American Bankers Association are encouraging the industry to offer basic products that could bring more unbanked households into the financial mainstream.