WASHINGTON — The only thing that stands between the merger between the American Bankers Association and America's Community Bankers is wading through the legal paperwork.
ABA Spokesman John Hall said the merger should be formal as of Dec. 1. "Essentially, it's just the legal process right now," he explained. Both groups' boards and members have approved the combination.
As part of the deal, it was previously announced that ABA President/CEO Ed Yingling would continue in that role for the combined entity and ACB President/CEO Diane Casey-Landry will serve as executive vice president and chief operating officer. Other executive staffing changes in an internal memo shared with Credit Union Times included:
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