BankThink

Thank you for opening the dialog on the future of Corporate Credit Unions (CU Journal, April 12). The three choices you presented included having a single national corporate, five regional corporates and the status quo. I would add to those three choices the option of not having any corporates.

Carole Berger, financial services analyst at Soleil Securities, said the Senate hearing on Goldman Sachs pandered to public anger and was probably one of the reasons Republicans gave up their filibuster of the financial reform bill.

Bankruptcy experts at CreditSlips are blogging about the proposed process for authorizing the liquidation of systemically important financial companies.

Just one day after Republicans banded together to block a Senate debate on regulatory reform legislation, Democrats appear to be picking up bipartisan support for a proposal once considered among the least likely to survive, the Volcker Rule to ban proprietary trading.

The greatest threat to the future of the credit union movement is not the banking industry, finance companies or the regulators-it is ignorance. Knowledgeable, well-trained staff and volunteers are the keys to keeping CUs efficient, productive and thriving into the future.

It's high time for the boardroom to meet the board game "Risk."

An effective vendor-management program must provide the operational organization necessary to manage all of the credit union's current and future vendor contracts and relationships. Here are some key components to effectively manage vendor due diligence.

Charles I. Plosser, President and CEO of the Philadelphia Federal Reserve, thinks ammending the bankruptcy code for nonbanks and bank holding companies is the best way to prevent institutions from becoming too big too fail institutions.

I admit it. When Susan Allen, vice president of strategic relations at FirstAmerican CoreLogic, asked a room full of about 85 mortgage professionals (and a couple of journalists) to divide into small teams to simulate a property valuation, I considered bolting for the door.

A French payments exec says JPMorgan Chase would be justified in telling clients it's safer to make debit card purchases with a signature than using a PIN.