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ABA: The American Bankers Association
Statement

ABA Statement on OCC's Request for Information on Community Bank Digitalization

"ABA welcomes the OCC's Request for Information on the key challenges and barriers faced by community banks looking to offer their customers the latest digital banking solutions. Helping community banks innovate so they can compete and thrive in today's highly competitive financial services marketplace has been a top priority for me since I arrived at ABA. We have invested a significant amount of time, energy and resources supporting community banks on their technology journeys through our Office of Innovation, Core Platforms Committee and ABA Partner Network, but we know more can be done. I am encouraged that the OCC will explore these issues, and we look forward to sharing our perspective with all of the banking agencies alongside our community bank members across the country."

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About the American Bankers Association

The American Bankers Association is the voice of the nation’s $24.1 trillion banking industry, which is composed of small, regional and large banks that together employ approximately 2.1 million people, safeguard $19.2 trillion in deposits and extend $12.7 trillion in loans.

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