PayThink

Although former CEOs do in some cases take a seat on their former boards — and some of these transitions prove to be successful — there are many more stories of these transitions proving to be negative, especially when someone asks the new CEO.

Sure, it's been a tough year, but with success now redefined as "survival," you've been successful. Congratulations. You're completely unprepared for what's next.

The Steelers have a strong brand identity and a shared brand vision throughout the team, the Steelers organization and their widespread fan base. What does it take to develop this kind of brand strategy throughout any type of organization, including a credit union?

After years of growth in mortgage lending, credit unions now find themselves facing many of the same challenges that traditional banks have experienced — like difficulty in reaching borrowers behind in repayments — or are headed that way.

Stressed about the legislative assault on overdraft fees? Most bankers probably are. At 44.5% of all banks and credit unions, overdraft income exceeds net income, Nicholas J. Ketcha Jr., an executive managing director at the consulting firm FinPro, told bankers at his company's annual conference.

BOSTON — Aside from the nose-bleed bonuses from the likes of Goldman Sachs, most of the banking industry should expect a long, slow return to anything like normal times.

Who knew that killing bankers could be so hard on the hands? Between throwing them into the air, blowing them up, shooting them down and shaking them so hard their clothes fall off, it’s easy for your fingers to get a little cramped now and again. Especially when you kill so many.

Matthew Miller, the man who lost more than $1,400 to Chase in a puzzling series of overdraft fees last month has written to BankThink with an update, which we wanted to share with our readers.

Check out this post on the financial blog Naked Capitalism describing an off-the-record meeting the Treasury Department arranged between senior officials and financial bloggers. The Treasury has, along with other heavily scrutinized agencies within the Obama administration, gotten into the habit of trying to make nice with journalists by inviting small groups for a chat on the condition that they do not quote individual officials. Other financial regulatory agencies have held meetings that are so far off the record they aren’t even allowed to be mentioned. The benefit of these events remains unclear. Naked Capitalism blogger Yves Smith makes a point about their futility:

Over at the Huffington Post today, reporter Arthur Delaney walked readers through the case of a former Washington Mutual customer whose account converted to Chase Bank when JPMorgan Chase & Co. bought the failed thrift late last year. The customer, Matthew Miller, recently discovered he’d been charged a total of $1,446 in overdraft fees during the course of a month.