Banks Advocating in Washington, D.C. for themselves: ABA Regulatory Compliance Conference coming up

 

REGULATORY REFORM RESOURCES

The Dodd-Frank Wall Street Reform and Consumer Protection Act (H.R. 4173) was signed by President Obama on July 21, 2010.

This very broad and complex legislation puts in place a sweeping new financial services regime that will have significant regulatory and legal consequences for banks now and for years to come. [ Thank Goodness!!!]

ABA Regulatory Compliance Conference

June 9-12, 2013 • Hyatt Regency Chicago • Chicago, IL

Overview  |  Registration/Fees  |  Last Year’s Program  |  Venue  |  Sponsors/Exhibitors

Tools to Survive The Regulatory Storm:

Find the Resources, Tools and Industry Experts That You Need – All in One Place

Follow @ABARCC Follow us to get updates before, during and after the conference via Twitter @ABARCC. Please add the official hashtag #ABARCC to your tweets.

The ABA Regulatory Compliance Conference, now in its 27th year, is a four-day, multi-faceted compliance immersion experience for bank compliance officers, auditors, legal counsel, and bank senior management. Find a vast array of best-in-class resources and enjoy direct access to the nation’s top regulatory banking officials.

The 2012 program provided:

• Practical guidance to manage new Dodd-Frank law provisions as you benchmark your policies and procedures with industry experts.
• How to respond to tough new risk tolerances banks must abide by today.
• Answers about new and changing rules directly from key regulators and bank compliance authorities.
• An opportunity to build a peer network you can rely on for year-round information and idea exchange.
• A one-stop-shop opportunity to visit with premier industry partners that support your compliance operations–all in one convenient, time-saving location.

We will post the 2013 program by the end of February.  Review last year’s program to see the breadth and depth of what we offer:  Last Year’s Program

This is the premiere regulatory compliance conference for America’s banking industry and at this time of great regulatory change— an opportunity you can’t afford to miss!

Who Attends?

Bank compliance officers (if you are new to compliance you should attend the ABA National Compliance School first), auditors, in-house and outside counsel, regulatory officials and examiners and consultants.

» Visit the ABA Center for Regulatory Compliance

Questions? Please call 1-800-BANKERS (800-226-5377) or email Member Services (registration),
Dorothy Friedlander (program), Michelle Villabroza (hotel/travel), or Chris Capistrant (exhibits/sponsorships).

Grassroots Advocacy Resource Center

Grassroots (pl. n): The most basic level of an activity or organization.

Welcome to our one stop resource center dedicated to providing bankers with the most current and up to date information on legislative news, action alerts, talking points, and ABA programs to help bankers take action on issues that will affect the banking industry.

@ABARegPolicy Join the conversation — follow us on Twitter.

2013 ABA Government Relations Summit Educate. Advocate. CHANGE. Register Today!

Grassroots Resources All Politics is Local: Building Effective Relationships with Congress NEW Get Out The Vote Webinar Powerpoint NEW Get Out The Vote Webinar Broadcast Dodd-Frank and Community Banks: Your Guide to 12 Critical Issues Advocacy Talking Points  Contacting Your Member of Congress Does Your Bank Have a Presence in the Community? Grassroots Tips Page Host a Bank Tour Meet with Your Member of Congress Monthly Town Hall Meetings  Weekly Congressional Calendar  Direct Contact Bankers Committed to Action. If you are a bank President, Chair, or CEO, we need YOU to be involved in ABA Grassroots! Qualifications and Expectations Sign-Up PDF Brochure DC Update Bank Advocates Program Get Involved. Make a Difference. Are you a bank director or bank employee and want to be involved in ABA Grassroots? Qualifications and Expectations Sign-Up PDF Brochure		Action Alerts Click on an issue and write to your member of Congress today! H.R. 3461/ S. 2160 Exams Bill ABA Summary of Exams Bill Updated Cosponsor List Credit Union Business Lending (Updated) Oppose S. 2231 Talking Points on S. 2231 Meeting Leave-Behind “Wrong Road” Lobbying Piece “Five Questions” Ad Twitter Message Map Reporting Your Advocacy Activity Your feedback is critical to our lobbying efforts. Whenever you meet with your Member of staffer to discuss and issue, tell us about your experience. We’d like to hear from you! Feedback Form Networking Opportunities Engage in ABA Grassroots! Share information with your peers. Coming Soon: Download ABA Capwiz to your Mobile Phone Proud to Be a Banker ABA Member Network Like ABA on Facebook

Additional Resources Additional Grassroots Links US House Calendar US Senate Calendar ABA News Releases ABA Testifies Before Congress ABA News

Questions or comments? Please contact the ABA Webmaster for more information.

 ABA Education Foundation

 

American Bankers Association Offer Consumer Tips:

Real information or a form of publicity??????

May Tip of the Month

Check It Out!
Your Bank’s Services Can Serve You Well!

Not sure what bank to choose?  Click here for tips on choosing the right bank.

Accounts 
We all know that banks handle checking, savings, share and money market accounts, but are we aware that many banks offers bill payment, online banking, direct deposit and balance alerts with these accounts? Many banks also provide money orders, traveler’s checks, safe deposit boxes, notary and wire services

Loans
Banks not only offer loans but online applications for auto, student, personal loans and credit cards, increase in lines of credit and online account management.

Advice
Banks are interlaced with their customers success and many offer advisement services. Banks can help with investment as well as insurance and security decisions and offer identity theft protection.

Tax Preparation
Many banks offer help with tax preparation or offer discounts with other tax preparation providers.

Financial Education
Banks are where the money experts work. Learn how to manage money, budget or plan for your future with help from your local banker.

For more information, contact the ABA Education Foundation.

ABA Education Foundation – Finding a Bank

Finding the Bank That’s Right For You from the ABA Education Foundation Finding the right bank means assessing your needs first. Whether you’re looking for a new bank or just want to evaluate how well your current banking relationship is meeting your needs, answering the following questions can help you identify your “banking personality” and perhaps make your shopping a bit less of a chore.

1. What is your goal in establishing a banking relationship? Answers may include “to save money,” “to have a checking account,” “to get a loan,” or all of the above. 
2. How much money can you keep on deposit each month and how many checks will you write? This will help you figure out how complex or simple an account you might need. “Packaged” or “multi-service” accounts offer a variety of services for one fee, while “no frills” accounts offer a minimum number of services at an extra-low price. Other accounts might be designed cafeteria-style: you choose from a variety of services and pay as you go. 
3. Will you be buying a home or car or making another large purchase in the near future? You’ll want to find out about the variety of loan products offered. 
4. If you hope to save for a big expense or toward your child’s (or your own!) future education, you’ll also want to find out how many savings products are offered. Many banks now offer uninsured investments, such as mutual funds, as well as the more traditional insured deposit accounts. 
5. What time of day do you expect to do most of your banking? Some people prefer to visit the bank during their work hours, while others prefer a bank located close to home that they can visit over the weekend. 
6. Do you like the convenience of automated teller machines and other types of electronic services — like banking through your personal computer, or do you prefer to deal directly with bank personnel? Answering this question will help you determine if you’d be happier at a bank with an extensive branch network emphasizing regular, evening, or weekend hours, or one that focuses more on electronic services like ATMs and PC banking. 

Now that you have the answers to these questions, call or visit several banks near your home or office — more and more banks even offer information over the Internet. Shop your current bank first if you think your relationship isn’t all it could be.

Perhaps they have introduced new accounts or services you aren’t even aware of that would better suit your needs. Let them know if the level of service or convenience don’t meet your expectations and give them the opportunity to design a relationship that works for you.

Compare fees and service charges at the banks you’re considering, as well as interest rates on loans and deposit accounts. What does each charge for services like cashiers checks, safe deposit box rental and ATM use?

Because price isn’t the only — or even most important — factor for most people in choosing a bank, take a minute to think about how comfortable you feel at each institution. Are your questions answered quickly and accurately? Do customer service personnel offer helpful suggestions? Will the hours and locations save you time and meet the demands of your lifestyle?

Finally, look for an institution that is federally insured. This means your deposits will be protected by the FDIC. The FDIC has raised its coverage amount to $250,000 per depositor per insured bank. Look for FDIC stickers on bank doors and teller windows.

You may also be interested in the Bank Account Comparison worksheets, available in both English and Spanish.  Clickhere for the worksheets. 

 Suggested Get Smart About Credit Material 

http://www.aba.com/ABAEF/Pages/getsmartaboutcredit.aspx 

1. ABA Education Foundation’s Personal Finance Basics Credit 101 Kit 

2. Credit-focused lessons in the ABAEF’s Teach Children to Save resource kit.

Lesson C: Give Me Some Money (for grades 9-10)

Lesson D: Credit Connection (for grades 11-12)

3. Modules from FDIC’s Money Smart for Young Adults.  

Setting Financial Goals

Paying for College and Cars

Charge It Right

(Money Smart for Young Adults curriculum is distributed on CD)

4. The Federal Reserve Bank’s credit-focus materials.   

Online Resources from the It’s Your Paycheck!: Earning and Managing Your Money! Series 

Lesson 2: “W” Is for Wages, W4 and W2

Lesson 4: Your Budget Plan

Lesson 6: Credit Reports – and You Thought Your Report Card Was Important

Lesson 7: Creditors’ Criteria and Borrowers’ Rights and Responsibilities

Lesson 8: So How Much Are You Really Paying for that Loan?

Print Lessons from It’s Your Paycheck!: Earning and Managing Your Money! Series 

Lesson 2: Cards, Cars and Currency Credit Cards—A Package Deal (pgs. 13-52)

Lesson 4: Cards, Cars and Currency—The Car Deal Package (pgs. 85-110)

It’s Your Paycheck!—Unit C: All About Credit: 

Lesson 6: Credit Reports—and You Thought Your Report Card Was Important

Lesson 7: Creditors’ Criteria and Borrowers’ Rights and Responsibilities

Lesson 8: So How Much Are You Really Paying for that Loan?

 

Teach Children to Save

Teach Children to Save is a national program that organizes banker volunteers to help young people develop a savings habit early in life.  Since the program started in 1997, some 123,000 bankers have taught savings skills to more than 5 millions students.www.teachchildrentosave.com. Parents, teachers, find a Teach Children to Save bank in your area!  Teach Children to Save Honor Roll Find savings tips and activities for kids and teens at www.TeachChildrentoSave.com Bankers, get involved now! Registration will remain open and banks are encouraged to give lessons throughout the year.    Webinar Training TCTS Frequently Asked Questions Teach Children to Save 2013: April 23 Race to Save Program The Race to Save campaign calls on banking industry  to open more children’s savings accounts in 2012 in connection with Teach Children to Save. It’s easy to get your bank involved, simply promote children’s saving accounts as part of your Teach Children to Save activities. More on Race to Save  Join the Race to Save Include your bank’s name and contact information.  Race to Save Participant List   New TCTS Resource Kit Lesson plans and activities for grades K-12 20 lesson plans for ages 5-18 Electronic resources for print Poster and window cling Communications templates Activities, worksheets, props and PowerPoint presentations More information   The Latest TCTS Initiative: Lights, Camera, Save! It’s a unique competition that encourages young people to use video to communicate the value of saving. View the Grand Prize Winners’ Videos More Information List of Participating Banks