ABA Banking Journal

2 weeks ago | bankingjournal.aba.com | Evan Sparks

By Evan SparksJim Ryan has a fever — an Indiana Fever, to be precise. When I sit down with him over Zoom, he’s just gotten back from a meeting to discuss a new marketing partnership with Old National Bank and Indianapolis’ WNBA team, which has outpaced the NBA’s Indiana Pacers in attendance thanks to the presence of superstar Caitlin Clark. As any fan of the movie Hoosiers knows, Indiana loves its basketball, and Ryan — chairman and CEO of Old National Bank — is no exception.

2 weeks ago | bankingjournal.aba.com | Christopher Delporte

Stephen Vaden, who served as general counsel to the USDA and received an appointment from the president in 2020 to serve on the U.S. Court of International Trade, is now the deputy secretary of the USDA. The Senate confirmed Vaden on June 10 by a vote of 51 to 44 with five senators not voting. He was nominated in December 2024. Not a stranger to farming, Vaden grew up in Union City, Tennessee, and helped on his family’s farm.

2 weeks ago | bankingjournal.aba.com | Christopher Delporte

The banking sector has seen many constructive, positive policy developments at the federal level so far this year, and top officials have expressed their willingness to work with and engage with bankers on those issues, American Bankers Association President and CEO Rob Nichols said today at ABA’s Risk and Compliance Conference in Indianapolis. “The fact is, the new administration wants to work with us to allow banks to better serve their customers, clients and communities, and we welcome that.

2 weeks ago | bankingjournal.aba.com | Christopher Delporte

Households’ inflation expectations declined in the short, medium and long term, according to the Federal Reserve Bank of New York’s most recent Survey of Consumer Expectations. Consumer debt delinquency expectations and expectations about households’ financial situation improved slightly, survey results showed. Median inflation expectations decreased at all three horizons according to the May survey.

3 weeks ago | bankingjournal.aba.com | Evan Sparks

By Evan SparksImagine this scenario: Someone arrives at your branch and begins walking up and down on the sidewalk in front of it. His iPhone is out and he’s video recording every customer and employee who comes in or out — and he stays there for hours. Perhaps one or two of your bankers go out to talk to him — ask some questions and gently try to get the individual to stop recording. He responds with suspicious questions: “So, what kind of vault do you have?