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The cost of Dodd-Frank is driving banks to charge more for checking accounts and, in turn, driving more customers out of the banking fold and into the prepaid world, writes a compliance specialist at Hancock Bank.
July 16
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Directors and officers liability coverage is an unpopular topic of conversation at board meetings. But directors who shirk their responsibilities in this area may one day find their claims denied.
July 16
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Why would a bank issue prepaid debit cards to its customers? It's an inferior product for consumers and banks alike. Issue prepaid credit cards instead, with four times the interchange.
July 16
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Big banks' boards keep missing increased risk and poor internal controls. Their auditors, supposedly shareholders' first line of defense against poor financial disclosure, material misstatements and fraud, have been silent.
July 16
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Louis Hernandez, Jr., Chairman and CEO of Open Solutions Inc., shares obstacles and promises for economic recovery.
July 16
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Denise Cooper, CEO of Upper Cumberland Federal Credit Union sends a thank you to CU Journal.
July 16
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You never know what you're going to get when it's a futurist on the agenda; in other words, it's hard to predict the futurist.
July 16
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David Savoie, president and CEO of Louisiana Corporate, reflects on the good in U.S. Central Bridge Federal Credit Union.
July 16
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As Dodd-Frank's two year anniversary approaches "scores of rules that the law had mandated to be completed at this point are still uncompleted," writes American Banker's Donna Borak, citing analysis by the law firm Davis Polk & Wardwell.
July 16
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Let's wrap up the week of Dodd-Frank negativity with something a little more upbeat: an insurance executive who'd like to point out a positive in Dodd-Frank.
July 13