American Bankers Association
The American Bankers Association (ABA), through its subsidiary, the Corporation for American Banking (CAB), has endorsed Promontory Interfinancial Network’s ICS®, the Insured Cash Sweep® service; CDARS®, the Certificate of Deposit Account Registry Service®; and IND®, the Insured Network Deposits® service to help banks and thrifts build multi-million-dollar relationships, manage liquidity, and purchase cost-effective funding. Through CAB, the ABA has also endorsed Bank Assetpoint. Bank Assetpoint provides access to new loan opportunities through its technology platform and professional staff with in-depth knowledge of banks. Banks can use Bank Assetpoint to supplement organic loan growth, market loan participations, sell loans, and provide CRE financing to borrowers via referral. The American Bankers Association brings together all categories of banking institutions to best represent the interests of this rapidly changing industry. Its membership – which includes community, regional, and money center banks and holding companies, as well as savings associations, trust companies, and savings banks – makes ABA the largest banking trade association in the country.