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American Bankers Association
The American Bankers Association (ABA) has endorsed Promontory Interfinancial Network’s CDARS, the Certificate of Deposit Account Registry service. This service helps banks attract large-dollar deposits that can be used for lending in their local communities.
The American Bankers Association is the voice of the nation’s $17 trillion banking industry, which is composed of small, regional and large banks that together employ more than 2 million people, safeguard $13 trillion in deposits and extend nearly $10 trillion in loans.