ABA Announces $3 Million Insurance Distribution to Qualified Members.

ENPNewswire-November 24, 2021--ABA Announces $3 Million Insurance Distribution to Qualified Members

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Release date- 23112021 - American Bankers Mutual Insurance Ltd.-the reinsurer for the American Bankers Association endorsed insurance program-will distribute $3 million to be shared by qualified member banks insured through ABA Insurance Services, the association announced today.

This is the 32nd consecutive year that the insurance provider has announced a distribution, and it brings the total amount the program has distributed since its inception to $94.3 million. Banks that purchase their directors and officers, bond, cyber and related insurance from this program and are current ABA members will receive a distribution.

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