PayThink

As Treasury Secretary Tim Geithner heads to the House Financial Services Committee this morning to testify on the White House's housing finance reform plan, observers are hoping some key questions can finally be cleared up:1) Will Geithner express a preference for a particular approach?2) Will House Republicans rally around an approach?3) How much name calling will there be?

Charles Ferguson may have won an Academy Award late Sunday for directing "Inside Job," a documentary on the financial crisis, but he appeared to be channeling another Oscar-winning film when he delivered his acceptance speech: "There Will Be Blood."

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We must reject the notion that the volunteer nature of many credit union directors absolves them of being held to the highest standards.

The Consumer Financial Protection Bureau's broad and undefined powers promise to exact a high price on Main Street financial institutions.

I believe credit unions can — and will — meet their challenges successfully, either by focused effort or merely by being what they are: Cooperative institutions that are the best options for consumers of financial services. Here's what brings me to my sunny outlook ...

With the issuance of NCUA's Letter to Credit Unions (10-CU-03) on concentration risk, many credit unions are taking a long look at their overall risk-management processes.