PayThink

A writer was unable to stop fraudulent transfers on a Maine town's bank account.

The FBI has reportedly executed search warrants on the homes of suspected members of the hacking group Anonymous.

Consider this analogy for a moment.

Members of the hacking group Anonymous, have found a home at a new social networking site: AnonPlus.

Though banks are expected to have layers of authentication, phone companies require almost none for access to voicemail.

A new software update for Apple's iPhone fixes a security hole, but not all users may want the update.

In Wisconsin, as well as many other states, CU leaders appear to be well versed at playing defense but rarely take the offense...against banks or anyone else.

Few have found much in the way of good news in the economic downturn, the Kansas-flat lending numbers, or especially the penalty-even-if-you-never-committed-a-foul assessments. But one group has: those selling a Promised Land just over the charter horizon.

I believe many credit unions will find they have more to lose — and little to gain — if they walk away from a corporate that has served them well for many years.

Although I had already read online reporter Ray Birch's extensive article entitled, "One Failure, 1,000 Questions," about the St. Paul Croatian Federal Credit Union mess, it wasn't until my hard copy of the June 27th Credit Union Journal arrived via snail mail that I fully appreciated this extraordinary investigative journalism.