American Bankers Association: Difference between revisions

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{{CompanyInfo|
{{CompanyInfo|
| logo            = ABA.JPG‎
| logo            = ABALogo.png
| type            = Trade Organization
| type            = Trade Organization
| industry        = Banking
| industry        = Banking
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The '''American Bankers Association (ABA)''' is the oldest trade organization in the United States founded in Saratoga Springs, New York in 1975. It is dedicated in advocating the voice and interests of the banking industry. It is one of the strongest lobbying groups in the United States Congress pushing for regulatory reliefs and tax breaks for financial institutions. [[Frank Keating]] is the President and CEO of the American Bankers Association and its headquarters is located in Washington D.C. <ref>[http://www.aba.com/About+ABA/default.htm About American Bankers Association]</ref>
The '''American Bankers Association (ABA)''' was founded in 1875 to serve as the voice and advocate the interests of the banking industry. [[Frank Keating]] is the President and CEO of the American Bankers Association and its headquarters is located in Washington D.C. <ref>[http://www.aba.com/About+ABA/default.htm About American Bankers Association]</ref>
 
==.Bank and .Insurance TLD Projects==
The American Bankers Association partnered with BITS, the technology policy arm of the Financial Services Roundtable, to apply for the [[.bank]] and [[.insurance ]] [[TLD|top level domain names]] (TLDs) within [[ICANN]]'s [[New gTLD Program]] to  "provide the highest security for the millions of customers conducting banking and insurance activities online." <ref>[http://threatpost.com/en_us/blogs/industry-groups-bid-control-new-bank-and-insurance-tlds-053112 Industry Groups Bid To Control New .Bank And .Insurance TLDs]</ref>  [[Verisign]] was been chosen as their back-end registry solutions provider. <ref>[http://domainincite.com/archives/4107-verisign-now-front-runner-for-bank VeriSign now front-runner for .bank]</ref> [[Craig Schwartz]], ICANN's former chief gTLD registry liaison, was also hired by ABA and BITs to serve as general manager of the .bank registry.<ref>[http://domainincite.com/archives/4999-senior-icann-staffer-hired-by-bank-project Senior ICANN staffer hired by .bank project]</ref>
 
'''They applied under the name [[fTLD Registry Services LLC]]. Both applications are [[Community TLD|community priority applications]].'''<ref>[http://gtldresult.icann.org/application-result/applicationstatus/viewstatus ViewStatus, gTLDresult.ICANN.org]</ref>


==Membership==
==Membership==
Majority of its members are banks with less than $165 million assets such as  regional banks, holding companies and savings associations. ABA represents the more or less 95% of the entire banking industry in the United States worth $13 trillion and atleast 2 million employees.<ref>[http://www.aba.com/About+ABA/default.htm About American Bankers Association]</ref>
The majority of its members are banks with less than $165 million in assets, such as  regional banks, holding companies and savings associations. ABA represents about 95% of the entire US banking industry in the United States, which is worth $13 trillion and employs 2 million individuals.<ref>[http://www.aba.com/About+ABA/default.htm About American Bankers Association]</ref>


The complete list of [http://www.aba.com/About+ABA/BD_boardmemberspublic.htm '''ABA Board of Directors for 2011-2012''']
==Lobbying Activities==
==Lobbying Activities==
In 2011, the organization spent $2,360,000 lobbying for numerous legislation. Some of the legislation include the following: <ref>[http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=39CF1740-9319-442F-AD09-457B0AB0FFFB American Bankers Association Lobbying Report]</ref>
In 2011, the organization spent $2,360,000 lobbying for numerous legislation. Some of the legislation include the following: <ref>[http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=39CF1740-9319-442F-AD09-457B0AB0FFFB American Bankers Association Lobbying Report]</ref>
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Please see [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=39CF1740-9319-442F-AD09-457B0AB0FFFB '''American Bankers Association Lobbying Report'''] for complete list.
Please see [http://soprweb.senate.gov/index.cfm?event=getFilingDetails&filingID=39CF1740-9319-442F-AD09-457B0AB0FFFB '''American Bankers Association Lobbying Report'''] for complete list.


==Leadership==
==American Bankers Association Position on SOPA==
The officers of ABA include: <ref>[http://www.aba.com/About+ABA/BD_boardmemberspublic.htm 2011-2012 ABA Board of Directors]</ref>
The American Bankers Association supported the [[SOPA|Stop Online Piracy Act]] (SOPA) proposed by Congressman [[Lamar Smith]], Chairman of the House Judiciary Committee. The organization concur that "U.S intellectual property should be vigorously defended and that rogue websites selling counterfeit or copyright infringing products to U.S. consumers should be shut down." <ref>[http://www.aba.com/NR/rdonlyres/76DCD307-2D7E-48A6-A10F-623175F0AEAD/74582/HJUDLetterreOnlinePiracy121411.pdf ABA Letter on SOPA]</ref> The legislation was controversial throughout the ICANN community and did not pass.
* Frank Keating, President and CEO
* Albert C. Kelly, Jr., Chairman
* Matthew H. Williams, Chairman-elect
* Jeff L. Plagge, Vice Chairman
* Stephen G. Crowe, Treasurer
 
Please see complete [http://www.aba.com/About+ABA/BD_boardmemberspublic.htm ABA Board of Directors for 2011-2012]</ref>


==References==
==References==
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[[Category:Organizations]]
[[Category:Associations]]
[[Category:NTLD Applicants]]


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