After a thorough review process, MetLife was selected to be the exclusive provider of reverse mortgage programs by ABA Total Business Solutions, a subsidiary of the American Bankers Association
By that time, I was chairman of the Tax Committee of Financial Executives Institute and active in several other organizations, including the American Bankers Association
. With these other commitments, I did not believe that I could devote enough time to TEI to justify my membership, but I continued to follow TEI's progress and growth.
Last week, the American Bankers Association
's daily newsletter e-mailed to member institutions crowed that AFCU had been ordered by federal regulators to stop using a "misleading" billboard.
Members of the task force include the AICPA, the American Bar Association's Section of Real Property, Probate and Trust Law and its Section of Taxation, the American College of Tax Counsel, the American College of Trust and Estate Counsel, the American Tax Policy Institute, and the American Bankers Association
Three trade associations--the American Bankers Association
, the Financial Services Roundtable, and the Consumer Bankers Association--sued to overturn a part of the law that requires banks to give consumers the option to stop the sale of their information to an affiliate that is not in the same line of business.
"When the administration submitted its fiscal year 2004 budget, it requested $4 billion in lending authority, which is roughly $7 billion below what the program has traditionally run," says James Ballentine, director of community development at the American Bankers Association
. "If that is a demonstration of commitment, it is far short of what is needed to do the job."
The American Bankers Association
(ABA), through its Corporation for American Banking (CAB) subsidiary, exclusively endorses BISYS' core information processing solution as the recommended solution for community banks.
Participants in the May 22 panel discussion, chaired by Assistant Secretary Abernathy and Governor Gramlich, included representatives from the National Foundation for Credit Counseling, the Association for Financial Counseling and Planning Education, the In-Charge Institute, the American Bankers Association
, America's Community Bankers, the Credit Union National Association, the Fannie Mae Foundation, Freddie Mac, American Express, MasterCard, Visa, the Community Financial Services Association of America, the Consumer Federation of America, the National Council of La Raza, AARP, and College Parents of America.
For those who are not familiar with the IMC, it was established as an international arm of the American Bankers Association
in the early 1950s to act as host for a conference of the principal officials of the large American and foreign banks.
Through its partnership with the nonprofit organization America's Promise, the American Bankers Association
, Washington, D.C., encourages members to help youth in their communities.
According to a recent study by the American Bankers Association
and Dove Consulting, debit card usage eclipsed credit cards for the first time ever last year.
The NAR has voiced concern over the nomination of Mark Olson, former American Bankers Association
(ABA) head, to be a member of the Federal Reserve Board of Governors.