PayThink

Many credit unions lack focus in their planning and, specifically, are missing the ability to agree to "Just Say No."

A reader responds to "The Dilemma Raised By Growth In Assets, Members" [Jan. 9, 2012]

BOLI is a proven asset for banks, and can be as powerful for credit unions when understood — and prudently implemented following a well-documented pre-purchase analysis.

There is no such thing as a "Consumer Financial Protection Bureau." That’s a false label. Rather, there is a Bureau of Consumer Financial Protection ("BCFP," if you like), established by Title X of the "Dodd-Frank Act."

With new channels and services, I've often thought that consumers don't care as much about security as they claim to — but they do care about reliability. So I was surprised to see that Citi blamed a recent payment problem on the coding of its iPad app when the problem has occurred in other channels.

If you live in Oklahoma: Sorry, you’re screwed. Your Attorney General is more worried about moral hazard and wouldn’t sign the agreement.

Is Dodd-Frank the real reason, or enough of a reason, for Wall Street to abandon Obama?

President Obama's January 4th recess appointment of Richard Cordray as head of the director of the Consumer Financial Protection Bureau has threatened to set-off a contentious legal challenge in an already polarized Congress.

Freddie Mac's CEO responds to the NPR-ProPublica report that his company "bet against" homeowners.

Credit unions are an aggressive bunch. As if their heavy-handed push to expand into prohibited business lending wasn't enough, it now seems they are adding on another power grab to increase their ability to raise supplemental capital and support investors.