An offer was made by the American Bankers Association to administer the issuance of these identifiers, a role they fulfill to this day; over 40 years of service.
By 1977 even the American Bankers Association had joined the conference of bankruptcy judges in lobbying - formally, anyway - against the cruel and unusual punishment of making student debt non-dischargeable.
According to the American Bankers Association, only 16 percent of bank customers were charged overdraft fees in 2011, the latest year for which the industry group has released data.