News

ABA subsidiaries unite to form endorsed suite of banking solutions

September 3, 2013

The American Bankers Association has announced the merger of its two for-profit subsidiaries — Business Solutions and the Corporation for American Banking — to create a single comprehensive suite of endorsed solutions for banks.

The combined subsidiaries also have a newly streamlined website, aba.com/endorsed, according to a news release from the association.

"The new Corporation for American Banking allows our members to easily access the best-in-class solutions for today's ever changing banking environment," said Frank Keating, ABA president and CEO.  "These ABA Endorsed Solutions have been through an extensive due diligence process involving analysis by industry experts and testing by bankers. To be selected, the solutions must meet stringent quality and customer service standards." 

In the release, ABA said that its endorsed programs help banks to make money, save money, diversify income and improve efficiency within nine categories:

• balance sheet management;
• compliance;
• cybersecurity;
• insurance;
• mortgage lending;
• operations;
• payments;
• retail; and
• risk management.

The American Bankers Association represents banks of all sizes and charters; The majority of ABA member banks hold less than $185 million in assets. 

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