The new resource offers a community engagement assessment to help bankers reflect on their current community engagement strategies and their objectives for hosting the conversations. It also provides recommended principles to help guide successful community conversations, suggestions for identifying and inviting partner organizations, tips for building long-term partnerships, and several banker case studies.
“This new guide is designed to help banks of all sizes build on the strong connections they have in the communities they serve and start new conversations so they can better understand local needs,” said Lindsay Torrico, executive director, ABA Foundation. “The guide includes a range of strategies for banks to enhance their community engagement and expand their roles as catalysts for inclusive economic growth. The goal is to elevate the impact of banks in every community and across the country.”
”Community Conversations” also includes links to relevant outside resources, including materials from the Department of Housing and Urban Development, the Federal Reserve Bank of Atlanta, the Urban Institute and Community Wealth Partners.
All ABA Foundation resources are available to both member and non-member banks free of charge. To view the guide, please visit: https://www.aba.com/news-research/analysis-guides/community-conversations-guide.
About the American Bankers Association
The American Bankers Association is the voice of the nation’s $24 trillion banking industry, which is composed of small, regional and large banks that together employ approximately 2.1 million people, safeguard $19 trillion in deposits and extend $12.4 trillion in loans.
About the ABA Foundation
Through its leadership, partnerships, and national programs, ABA’s Community Engagement Foundation (dba ABA Foundation), a 501(c)3, helps bankers provide financial education to individuals at every age, elevate issues around affordable housing and community development, and achieve corporate social responsibility objectives to improve the well-being of their customers and their communities.
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