10 Employees of the American Bankers Association (ABA) Take Home $60 Million in Compensation
10 of the most highly compensated employees in 2024 of the American Bankers Association (ABA) – a non-profit tax exempt trade association representing – received $60 million in compensation from 2017-2024 (note: highly compensated employees inane of the years 2017-2023 but not in 2024 are not included, including James Ballentine who received $8 million from 2017-2023 and Kenneth Clayton who received $5 million from 2017-2023): Read more 
American Bankers Association (ABA): Executive Compensation (2024)
The American Bankers Association (ABA) is a non-profit 501 (c) (6) organization – “a business league that pushes advocacy, provides education, products, and solutions to its membership and the financial services industry.” In other words, the ABA is a tax-exempt association for banks, savings and loans, and trust companies. Based in Washington, DC the ABA engages in lobbying, works to establish banking standards, and educates the public and its members.
While some people think of non-profits as almost an afterthought, the ABA is anything but insignificant. The ABA raises about $175 million annually, typically spends less than it brings in, and has accumulated more than $700 million in net assets. Read more
