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Jim Purcell, chief executive officer of State National Bank of Big Spring, spoke during one of the hearings House Republicans organized to examine Dodd-Frank’s impact. But he "had a hard time answering certain questions from Democrats," writes American Banker’s Kevin Wack.

Recessions do not cause bank failures. It is banks causing booms that cause recessions that cause banks to fail.

Mortgage lending can be a strategic game-changer for progressive credit unions. Here are a few things to consider.

The year was 1997, and as federal credit unions meet this week it seems a fine time to look back and mark the 15th anniversary of the two-year period that forever changed those little financial co-ops in the U.S.

It is clear that our new reality is a business environment that will require each of us to be vigilant against continuing competitive challenges to our market position. Sitting on the sidelines is simply not an option if we want our industry to continue to thrive.

The question is no longer if, but when all U.S. issuers and acquirers will be required to be EMV compliant. Credit unions should take this opportunity to be proactive and invite EMV into their organizations.

The early-adopters of indirect and sub-prime lending learned their lending lessons; you need to learn investing as you go and continue to expand your knowledge.

The Basel capital accords are a serious policy mistake. It's time to return to financial supervision that relies on good judgment and on-site examinations.

A survey commissioned by the Center for Responsible Lending, Americans for Financial Reform, the AARP and the National Council of La Raza "found that 73% of voters, including both Republicans and Democrats, favor the Dodd-Frank Act and 66% of voters favored the creation of the CFPB," writes American Banker’s Victoria Finkle

The 2008 crisis bruised nonfinancial companies that rely on the markets to raise money and hedge risk. Take it from consumer goods makers — global standards like LEI will make doing business easier, in good times and bad.