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ABA Total Return Index: 2/6/2012 Value: 195.24 -1.89 (-0.96%)   Intraday: 5:30pm ET  ABAQ 159.99 (-0.38ABQI 1178.58 (-3.12QABA 24.7527 (+0.04)

News

FEB 7 - ABA, ICBA Urge Opposition to CU Biz-Lending Bill
ABA and the Independent Community Bankers of America yesterday strongly urged all House members to oppose a bill (H.R. 1418) that would raise the member business-lending cap for qualifying credit unions from 12.25 percent to 27.5 percent of total assets. More Newsbytes 

FEB 7 - Consumer Credit Jumps $19.3 Billion
Consumer credit raised $19.3 billion, or 9.3%, in December, putting overall credit levels at their highest level since mid-2009. The increase was driven by non-revolving credit, rising $16.6 billion, 12.5%, its largest gain since November 2001. More Economic News

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ABA Tax Law and Tax Planning Workbook  2012 updates now available

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Frank Keating
President & CEO
American Bankers Association