PayThink

Most reasonably intelligent readers are finally willing to admit the financial crisis was neither an unpredictable, uncontrollable, once in a blue-moon "black swan" event nor the result of a conspiracy by shadow bankers who've implemented a new world order while flying from Manhattan to Islip in black helicopters.

There are several factors that Bank of America's managers must have known when they recently started testing a new fee schedule for consumers.

The Federal Housing Finance Agency acting director, Edward DeMarco, recently sent to Congress a strategic plan for the next phase of conservatorships of Fannie Mae and Freddie Mac. A new structure for housing finance requires congressional action, yet neither Congress nor the administration has come up with an acceptable plan in the three years since Fannie and Freddie were placed into conservatorship. It's far from clear that the DeMarco plan will get the job done.

An ongoing drama is unfolding: a David versus Goliath tale of sorts that pits a Riverside, Calif., family fighting to stay in their home against the weight of that elephant, otherwise known as "Freddie."

They won’t go cold turkey. Surprisingly, the more purchases consumers pay for with debit, the more cash they withdraw. Use ATM screens to get the word out about debit’s benefits.

On Feb. 29 one of the members of the Federal Open Markets Committee, Dallas Fed President Richard Fisher, called for the breakup of the top five U.S. Banks.

Every now and then some doomsday cultist predicts the end of the world, but it doesn't occur. No big news.

CUES, CUNA and NAFCU could all abandon their management school curriculum and just have CEOs who have been in the trenches sit down in front of classes and talk about their experiences.

The auto lending market is improving and credit unions are increasing their focus in this market to tap into the profit potential, as they continue to win over unhappy bank customers.

Call report instructions should be modified in order to properly measure the magnitude of long-term assets and interest rate risk.