PayThink

Is it time to decouple the "M" in CAMEL ratings from the other components of CAMEL?

Today overdrafts (OD) are big business and tens of millions of users view ODs as both another checking operating cost and a safety net to help manage their financial affairs.

Mike Parsons, president and CEO of First Source Federal Credit Union and NAFCU Chair, discusses why credit unions should get involved.

The inclusion of secondary capital as part of credit unions' net worth would give them yet another unfair regulatory advantage over banks.

Cashmere Valley Bank in Washington State is a case study of a small bank grappling with the regulatory uncertainties of Dodd-Frank implementation. And it is one of many banks that have looked outside its own IT department for help.

Under pressure from a regulator solely focused on protecting the consumers' financial interest, many banks have started abandoning suspect practices. Let’s keep it that way.

The Financial Stability Board has set a March deadline for financial companies to have "legal entity identifiers," in place for use in transactions. These codes, something like a social security number for banks, are to be used by the Office of Financial Research, created by Dodd-Frank, to spot systemic risk.

Rep. Barney Frank blasted Mitt Romney, who has said he would repeal the Dodd-Frank Act, at a speech in Charlotte, reports American Banker’s Kevin Wack.

Unpredictable card terms and conditions make it hard for small-business owners to budget. If they can't allocate funds with confidence, they're less likely to hire employees, hurting the economy.

Retail credit unions can improve their net worth only through retained earnings. That's made a stressful period for all financial institutions particularly challenging for this category. Let them raise capital.