BankThink

Local merchants, especially those with credit card minimums, may find a small surcharge improves customer service. Alternately, all retailers should consider product-level surcharging, with fees only for high-cost cards.

The act clearly stipulates that the Senate be involved in appointing the CFPB. Recess appointments, constitutional or not, are impermissible.

Dodd-Frank repealed the ban on paying interest on business checking accounts. No longer necessary to circumvent that restriction, sweep accounts with overnight repos can still protect and retain high-balance depositors.

Identify the megabanks' overpriced products and services, the customers they can't or won't serve. Use outside infrastructure to adapt quickly. B of A, Citi and other financial services oligopolists are highly vulnerable to competition.

Social media, as we're told nearly every day is the irrefutable, undeniable and inevitable future of the world, and that includes credit unions.

Pamela Goodison-Bick, Board Member, knew from the beginning that First Source FCU was different. After all, they accepted an application to run for the board of directors from a 28-year-old.

Lauren Calhoun, regulatory compliance manager with CUNA Mutual Group, presents ways to prepare for the top 13 compliances challengs of 2013.

Tackling the first step, "Identify and Understand Major Risks," can sometimes be intimidating, so it is always helpful to ID a few common problem areas faced by most FIs.

Constantly calculating risk is what credit unions do on a daily basis. Whether that risk is related to a potential investment, protection from theft or cyber security attacks, the thought process is always the same: Identify the potential dangers, and then make sure you put plans in place to give yourself the best chance at a positive outcome.

Mobile devices are ubiquitous, with more than 225 million wireless subscribers in the U.S. They have empowered consumers with immediate access to information that's changing how we shop and buy-and how we interact with the payments value chain.