ABMI announces 28th consecutive distribution to participating banks

$84.3 million has been declared in total distributions since 1991.

American Bankers Mutual Insurance, Ltd. (ABMI), the reinsurer of the ABA-endorsed insurance program, has declared a $1.6 million distribution to current member banks of the American Bankers Association (ABA) that have D&O, Financial Institution Bond, Cyber and related insurance from ABA Insurance Services. $84.3 million has been declared in total distributions since 1991. Notifications will be sent later this year to eligible banks.

Read the full press release from the American Bankers Association.