Media Releases
May 5, 2014Banks Provide Financial Education, Account Perks and Host Community Initiatives Washington, D.C. (May 5, 2014) – Members of the Consumer Bankers Association (CBA) are displaying their commitment to our nation’s senior citizens throughout May, recognized as Older Americans Month, and around the year with an array of programs and benefits. Among the initiatives carried out by CBA members include:...
April 24, 2014Washington, D.C. (April 24, 2014) – The Consumer Bankers Association (CBA) and AOL Inc. (AOL) monthly Finance Optimism Index has found a decrease in consumer optimism. In March 2014, the index dropped for the second month in a row to -6.2, a decline of 3.6. This came as a result of Americans becoming more concerned about their current personal financial situation. With the impending Federal...
April 21, 2014Washington, D.C. (April 21, 2014) – Richard Hunt, president and CEO of the Consumer Bankers Association, issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) study regarding private student loan repayment following the death of a cosigner: “When tragic circumstances occur, CBA members work with their customers carefully and compassionately. For example,...
April 15, 2014Washington, D.C. (April 15, 2014) – Richard Hunt, president and CEO of the Consumer Bankers Association, issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) proposed revisions to its international money transfer rule. “We appreciate the CFPB’s recognition of the complexity of disclosures associated with international money transfers. This action will...
April 8, 2014Washington, D.C. (March 21, 2014) – CBA LIVE 2014: Red, White + Banking – the fifth annual CBA LIVE event was a resounding success with over 1,200 attendees from 70 national and regional banks and across the retail banking industry. Below are highlights of the event, including: key data points, quotes from the event, audience poll questions, news from the conference, and press releases. Save the...
April 1, 2014Discover’s Work-at-Home Program Focuses on Nation’s Service Members and Families National Harbor, MD (April 1, 2014) – Today, the Consumer Bankers Association (CBA) announced Discover Bank, a subsidiary of Discover Financial Services (Riverwoods, IL; NYSE: DFS) as the winner of the fourth annual Joe Belew Award - which honors community service. In keeping with the theme of this year’s CBA LIVE, “...
April 1, 2014National Harbor, MD (April 1, 2014) – Research from the Finance Optimism Index launched today by the Consumer Bankers Association (CBA) and AOL Inc. (AOL) shows that Americans are less concerned about their current financial situation since the end of the government shutdown in October 2013. Together with the CBA, AOL has been conducting research over the past year to better understand consumer...
April 1, 2014Recognized for Outstanding Academic Performance, Integrity and Work Ethic National Harbor, MD (April 1, 2014) – The CBA/BAI Graduate School of Retail Bank Management (GSRBM) today proudly recognized 2013 Tem Wooldridge Award recipient Jill Enabnit - Vice President of Market Analytics & Performance Solutions at U.S. Bank at CBA LIVE 2014. Enabnit was selected by the GSRBM faculty for the...
March 31, 2014National Harbor, MD (March 31, 2014) – Today at CBA LIVE 2014, the Consumer Bankers Association’s (CBA) Digital Channels Committee in collaboration with Novantas, Inc., released a Digital Marketing Assessment focused on benchmarking, best practices and effectiveness in a space which is turning the traditional model of retail banking on its head. The assessment found retail bank marketers are...
March 31, 2014Jim Clifton, CEO & Chairman, Gallup, reveals that despite advancement in mobile and online Retail Banking, the employee and customer encounter, in particular with the Manager, is still a significant factor for an engaging banking experience. Washington, D.C. (March 31, 2014) – ‘Technology, in particular mobile and online, is already playing a significant role in the lives of American...
