Press Kit

Facts about the CBA

November 9, 2009 admin
in
The California Bankers Association represents nearly 200 members in the state

Founded in 1891, the California Bankers Association represents nearly 200 members in the state, including commercial banks, industrial loan companies and savings institutions. California’s banking industry provides jobs to more than 62,000 Californians and financial security and opportunities to millions more.

The Truth About TARP and the Government’s Investment in Banks

February 18, 2010 bmills
in
U.S. Treasury states that the government’s investment in banks has earned taxpayers a $20 billion profit

This program is not the same as other TARP programs used to support troubled non-bank institutions, including AIG, GM and Chrysler.

Learn About the Financial Industry's Loan Modification Efforts

December 10, 2009 Liz Freeman
in
The lending industry is diligently working to modify loans when possible

During the past few years as foreclosures have increased we have seen historic efforts by the government, financial services industry and consumer groups to help millions of borrowers stay in their homes.

The Facts About Bank Lending and Credit Availability

December 10, 2009 Liz Freeman
in
Banks have incentives to make loans that become earning assets

A recent National Federation of Independent Businesses study reported that 91 percent of business owners surveyed reported that they were able obtain the credit they wanted or they were not interested in borrowing.

Overdraft Protection

December 10, 2009 Liz Freeman
in
Banks created overdraft protection programs as a service and accommodation to their customers

Safety and Soundness

November 9, 2009 admin
in
Banks are well-positioned to handle economic downturns

Bank Rating Lists

December 10, 2009 Liz Freeman
in

Bank rating lists from for-profit companies are based on simplistic formulas. The only true list that matters is the one from the FDIC, which has a more thorough and complete picture of a bank’s safety and soundness.