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AFSA Members Supporting Consumers for More than a Century
Mar 27, 2020

The American Financial Services Association (AFSA), couldn’t help but notice today’s inter-agency notice, in which the Federal Reserve, Federal Deposit Insurance Corporation, National Credit Union Administration, Office of the Comptroller of the Currency, and the Consumer Financial Protection Bureau encouraged financial institutions to expand their consumer lending.

RSM Pledges $2.6 Million to Assist Employees, Community
Mar 26, 2020

Earlier in March, RSM pledged more than $2.6 million to support its employees and local communities through the COVID-19 pandemic.

Congress Passes “Stimulus 3,” AFSA Updating State Resources
Mar 26, 2020

Late last night, the Senate agreed to the third coronavirus stimulus package. Media coverage on the bill is comprehensive, but here’s what we think you need to know:

Wells Fargo Provides Aid for Communities & Consumers
Mar 25, 2020

Wells Fargo & Company on March 20 announced additional comprehensive steps to help customers, communities and employees grappling with the impact of COVID-19. The company has suspended residential property foreclosure sales, evictions and involuntary auto repossessions. Additionally, the Wells Fargo Foundation will increase its charitable donations to $175 million to help address food, shelter, small business and housing stability, as well as to provide help to public health organizations.

AFSA Asks Congress for CECL Relief
Mar 25, 2020

The American Financial Services Association (AFSA) yesterday, March 24, asked in a comment letter to congressional leadership that they include CECL relief for depository and non-depository financial institutions in any relief package.

Financial Services are Essential Part of Infrastructure
Mar 24, 2020

Across the country, AFSA member companies are working to ensure the customers and neighbors have access to credit in this time of financial insecurity. That's why our industry is one of the identified 16 critical infrastructure sectors by the Department of Homeland Security and its Cybersecurity and Infrastructure Security Agency (CISA).

Ford, GE, 3M Partner to Make Critical Equipment
Mar 24, 2020

When America has needed to flex its industrial and economic muscles to meet a challenge, her great companies have been there to help.

Resources Parents & Kids Can Bank On: MoneySKILL Financial Education
Mar 23, 2020

During this time of uncertainty, the American Financial Services Association and its member companies are doing their best to help consumers maintain their financial security and flexibility, while also continuing to support the communities where our members live and work. In this unprecedented moment, it is important for us to provide help where we can and to look for ways to perhaps do a bit more.

AFSA Members Respond to COVID-19
Mar 23, 2020

Below are some ways AFSA members are responding to the coronavirus crisis capturing the Globe's attention now. Our members have been fixtures in their communities for over 100 years, and when you see the responses you will know why:

AFSA Comments in Support of TALF 2020
Mar 23, 2020

The American Financial Services Association (AFSA), along with sister trade the Marketplace Lenders Association (MLA), called on Senate Majority Leader Mitch McConnel (R-KY) and Minority Leader Chuck Schumer (D-NY) to create an updated Term-Asset Backed Securities Loan Facility (TALF) program (which we are calling TALF 2020).

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