ABA Banking Journal
March 21, 2025

This ABA Banking Journal newsletter is a free, twice-monthly supplement to the ABA Banking Journal magazine intended to help you stay on top of industry and policy news. You can also stay abreast of banking news by visiting aba.com/BankingJournal, home to ABA Daily Newsbytes stories, digital exclusives, the ABA Banking Journal Podcast and more.

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Industry News
Gen. George Casey shares insights into leading in a “VUCA” world — one marked by volatility, uncertainty, complexity and ambiguity. His words resonated deeply, addressing the challenges of today's risk management professionals.
 
Gen Z is growing up — and so is its spending power. Members of the “Zoomer” generation are opening their first bank accounts and starting to make bigger financial decisions. Gen Z is far less likely to have a traditional bank account than Millennials or Gen X, and banks face new obstacles when trying to get and keep their attention.
 
What are the advantages and drawbacks of a small board? Trey Maust, executive chairman of Lewis and Clark Bank, believes the benefits far outweigh the challenges.
 
Data Center, Inc. (DCI)
Raymond James & Associates
What does fighting check fraud cost banks? How do banks find success in that struggle? In the latest episode of the ABA Fraudcast, ABA’s Paul Benda continues to explore the challenges of a metastasizing problem for banks, with his guest Sam Drennen, EVP and COO of First American Bank and Trust in Georgia. 
 
As banks navigate the rapidly evolving world of fintech partnerships, questions of strategy, compliance and risk loom large. To shed light on these complex relationships, ABA's Krista Shonk and Brooke Ybarra provide insights into the opportunities and challenges banks face.
 
Bank Term Funding Program data shows that credit unions made up just 28 percent of borrowers but received over 40 percent of total loans.
 
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Policy News
The OCC has created a new page on its website with resources to help community banks meet their digitalization objectives.
 
During an interview for the All-In Podcast, Treasury Secretary Scott Bessent said the Trump administration is re-examining “all bank regulation” with a focus on easing the burden for banks, although he singled out the supplementary leverage ratio as one regulation that could be eliminated.
 
As the nation works to strengthen the economy, the Community Development Financial Institutions Fund is a proven and effective vehicle that directly supports key priorities laid out by the Trump administration, the ABA and seven associations said in a joint letter to senators.
 
mysherpas
DDJ Myers
The ABA joined other plaintiffs in filing a motion for summary judgment in a lawsuit challenging an Illinois law restricting interchange fees, pointing to the court’s previous finding that the plaintiffs were likely to succeed on their argument that federal law preempts the state law. 
 
The ABA has offered four policy recommendations for Trump administration officials as they develop an “action plan” to advance the development and implementation of artificial intelligence technologies in the U.S.
 
The ABA has submitted a list of recommendations for banking agencies as they conduct a congressionally mandated review of regulations, with the association focusing on reducing the regulatory burden for banks.
 
West Publishing Corporation®
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