BankThink

As Ben Bernanke was defending the Fed's record yesterday, the St. Louis regional bank's president was (implicitly?) criticizing a cornerstone of the central bank's response to the crisis – easier monetary policy.

The interchange wars between merchants and payments companies came to a temporary ceasefire Wednesday at the annual Cards & Payments Loyalty Conference in New York.

Maybe the distracted Northwest pilots were too busy comparing the contents of their wallets to land their plane.The well-publicized gaffe at Northwest Airlines Inc., his company's former longtime partner, gave Bob Daly of U.S. Bancorp an opportunity for a pointed joke Wednesday — and the biggest laugh in the room.

Systemic risk is coming to a bookstore near you."Union Atlantic," a forthcoming novel by Adam Haslett, tells the story of a (fictional) president of the New York Fed who tries to prevent a market meltdown after the collapse of a (fictional) bank the Fed regulates. The book got a glowing write-up in the current issue of Esquire, which compared it to the sweeping works of Norman Mailer and Tom Wolfe.

EAST HARTFORD, Conn. – The University of Connecticut’s Center for Entrepreneurship and Innovation is inviting Credit Union Journal readers to participate in research regarding their needs and concerns regarding financial management services within online banking.

Some niblets from among the Thanksgiving leftovers.

How one person's no-win situation in court could illustrate a way out of "the corporate mess" for all of us.

"People don't care how much you know until they know how much you care." Cliché, perhaps, but fitting for the CU philosophy — but only if members know it.

Not that anyone has the budget, but that credit unions could not have bought the kind of positive press coverage received so far in 2009 goes without saying. Yet an awful lot of the reporting, while not inaccurate, still indicates there is much work to do when it comes to articulating what credit unions are all about.

If the topic of social media has been exhausted in the media, why then are a majority of credit unions still not taking the fullest advantage of the trend's many benefits?