American Bankers Association - ABA


American Bankers Association - ABA
The American Bankers Association (ABA) is the largest banking trade association in the United States. Founded in 1875, the ABA represents banks of all sizes. The ABA offers a wide range of products and services to its members, in fields such as staff training, insurance, capital management, asset management, risk/compliance and consulting.

The nine-digit routing numbers seen on every check originate in a system of bank transit numbers developed by the ABA in 1910.

The ABA is very active in lobbying Congress on behalf of banking interests. The focus of its lobbying effort in recent years has been the elimination of the tax-exempt status of credit unions. Traditionally, the credit union served a small, highly targeted membership, such as the employees of a company. In recent years, however, credit unions have been able to greatly expand their fields of membership and potential customer pools. Many credit unions now have over $1 billion in assets and rival the size of large banks. The ABA argues that credit unions have become so much like banks that their tax-exempt status is no longer justified.


Investment dictionary. . 2012.

Look at other dictionaries:

  • American Bankers Association —   [ə merɪkən bæȖkəz əsəʊsɪ eɪʃn], Vereinigung von Banken in den USA, deren Mitgliederkreis etwa 93 % aller Banken des Landes repräsentiert; gegründet 1875, u. a. um die Leistungen des Bankwesens zu verbessern und den Nachwuchs zu fördern.  … …   Universal-Lexikon

  • British Bankers' Association — Die British Bankers Association (BBA) ist die Interessenvertretung der Banken in Großbritannien. Der Verband vertritt 221 Kreditinstitute (Stand Februar 2006). Unter anderem ermitteln die zur BBA gehörenden Banken den London Interbank Offered… …   Deutsch Wikipedia

  • British Bankers Association — Die British Bankers Association (BBA) ist die Interessenvertretung der Banken in Großbritannien. Der Verband vertritt 221 Kreditinstitute (Stand Februar 2006). Unter anderem ermitteln die zur BBA gehörenden Banken den London Interbank Offered… …   Deutsch Wikipedia

  • British Bankers’ Association — Die British Bankers Association (BBA) ist die Interessenvertretung der Banken in Großbritannien. Der Verband vertritt 221 Kreditinstitute (Stand Februar 2006). Unter anderem ermitteln die zur BBA gehörenden Banken den London Interbank Offered… …   Deutsch Wikipedia

  • American Banker — is a daily trade newspaper covering the financial services industry. Founded in 1835 and based in New York, American Banker s 70 reporters and editors in six cities monitor developments and breaking news affecting banks. The newspaper has won… …   Wikipedia

  • Bankers Trust — Die Bankers Trust Company wurde im Jahr 1903 in New York als Vermögensverwaltungsgesellschaft (Trust Company) unter der Führung von J.P. Morgan von mehreren Banken, die diese Tätigkeit aufgrund gesetzlicher Restriktionen selbst nicht wahrnehmen… …   Deutsch Wikipedia

  • American National Standards Institute - ANSI — An organization that oversees the creation and dissemination of norms and standards in almost every U.S. business sector. ANSI is also actively involved in the accreditation programs that oversee those standards, including ISO 9000 (quality) and… …   Investment dictionary

  • American Express — Company Type Public Traded as NYSE: AXP Dow Jones Component …   Wikipedia

  • American Black Upper Class — The American Black Upper Class consists of African American professionals in fields such as law, medicine, business and entertainment that have incomes that amount to $100,000 or more. [ Lacy, K. (2007). Blue chip Black: race, class, and status… …   Wikipedia

  • American Motors — Infobox Defunct Company company name = American Motors Corporation company fate = Acquired by Chrysler (March 2 1987) successor = Jeep Eagle division of Chrysler foundation = January 14 1954 location = Southfield, Michigan, United States industry …   Wikipedia

  • Association Internationale du Congo — ▪ Belgian organization English  International Association of the Congo,  original name  Comité d Études du Haut Congo,  English  Committee for Studies of the Upper Congo,         association under whose auspices the Congo region (coextensive with …   Universalium


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.