ABA TESTIFIES ON FEDERAL HOME LOAN BANK SYSTEM

WASHINGTON, DC – October 12, 2011 – (RealEstateRama) — The American Bankers Association testified today on the importance of a vibrant Federal Home Loan Bank System, whose institutions are critical for allowing community banks to meet the needs of their communities in all economic cycles.


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Founded in 1875 and based in Washington, DC, the American Bankers Association (ABA) brings together banks of all sizes and charters into one association. ABA works to enhance the competitiveness of the nation's banking industry and strengthen America's economy and communities. Its members – the majority of which are banks with less than $125 million in assets – represent over 95 percent of the industry's $13.6 trillion in assets and employ over 2 million men and women.

American Bankers Association
1120 Connecticut Avenue, N.W.
Washington, DC 20036

Toll free: 1-800-BANKERS

Media Contact:
Jim Eberle
Phone: (202) 663-5477

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