PayThink

Frivolously adding armor to combat planes makes the aircraft difficult to control and less effective. Weighting down banks with ill-conceived risk mitigation strategies and regulations serves the interests of neither individual banks nor the banking system as a whole.

A Chief Risk Officer can now have significant stature and sway. But that new prominence gives shareholders, regulators, and the media an easy target for ridicule after a corporate stumble.

Here we go again. A series of uncoordinated government policies are once more setting up the U.S. banking system for major losses and possibly another financial crisis.

Before changes are made to money fund regulation there should be a full assessment of the SEC’s enhancements to its oversight of funds, as well as a searching inquiry into the potential impact of any of the proposed reforms on investors, on issuers of commercial paper, and on the economy as a whole.

The key is to make sure that the homeowner is giving up something of value in return for relief of some portion of the mortgage obligation.

The World Economic Forum just released its yearly report. It's a run-up to the gathering of the economic tribe at Davos later this month and lists global concerns that should be placed high on one's "worry list." Last year it was natural disasters; this year, it's income inequality. Big surprise? No. Props to Occupy Wall Street for helping put this on the Davos radar screen.

Members like to talk to employees who have more than just a clue about their credit unions' technology offerings. We all do. When employees are at a loss, well, it isn't just those birds that get angry.

Check processing can be a laborious procedure requiring a number of steps and delays in balancing, posting and clearing of deposited items. Here are some things that can help.

As communication continues to digitalize and members become ever more mobile, credit unions need to stay ahead of the curve and ensure that they can communicate with members, no matter the channel.

Considering the variety of proposals floated recently to restrict money market mutual funds, it seems people at some government agencies really want to put MMFs out of business.