PayThink

Internal stress-testing is a good practice, but regulatory use of hypothetical results to determine supervisory ratings or required capital levels would be destructive.

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The recent THINK 11 Conference had an all-star line-up of business and thought-leaders who have two things in common: All are members of the Great Success Club, and none are members of a credit union.

U.S. Public Interest Research Group presents the argument that merchants will pass their savings on to the consumer. My thoughts on that idea in three words: WHEN PIGS FLY!

Chuck Bruen, CEO of First Entertainment CU, Hollywood, Calif., shared with readers of Credit Union Journal a comment letter sent to NCUA.

The early adopters in financial services have made their move and proven the viability of mobile banking. It is time for the rest of the credit unions to follow suit. If they don't, they risk losing relevance, and losing members.

I just don't get it. Why is the White House floating Raj Date, one of Elizabeth Warren's top lieutenants at the Consumer Financial Protection Bureau, as the agency's potential director? Don't get me wrong, Date is eminently qualified for the job. A former banker and financial analyst, Date no doubt has the chops for the post. What I don't understand is the political motivations behind floating his name at all.

The Small Business Lending Fund will not provide the boost to economic activity hoped for when it was enacted. Banks have again had the rug pulled out from under them.

Painful consolidation is coming to community banks, and the biggest determinant of which companies will survive is the quality of senior management, particularly the chief executive.