No business is immune to the pressures of external forces and changing consumer behaviors. At the end of July, after being in business for over 40 years, Borders notified its 1.6M rewards customers that it would be closing its doors for good. According to Borders’ 2010 annual report, the company had: 642 stores 16,400 employees […]
Given the current challenges that financial institutions are facing, free checking has been proclaimed a soon-to-be thing of the past. Many banks and some credit unions have already moved away from free checking, but many credit unions are wrestling with the idea. Here are a few of the arguments we’ve heard against charging for checking […]
Six days before the deadline to raise the national debt limit, 30 of 53 economists surveyed by Reuters news service believed the United States will lose its AAA debt rating in the near future. Some would argue that kind of action is overdue with the national debt standing at about $14.5 trillion and growing. However, […]
The following is an excerpt from our response to NCUA’s proposed regulation on IRR. While the excerpt focuses on a potential issue with the proposed regulation, it also highlights a concern we have with the way certain policy limits are written that don’t look at the actual risk of an institution. Appropriate Policy Limits Another […]
In a recent issue of the Wall Street Journal, Lewis Ranieri—once known as the father of mortgage finance—said it is time for nontraditional lenders to enter the market, bringing with them a return to subprime lending. Ranieri said “the pendulum has swung too far in the other direction,” meaning that lending standards were once too […]
Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.
Essential Website Cookies
These cookies are strictly necessary to provide you with services available through our website and to use some of its features.
We provide you with a list of stored cookies on your computer in our domain so you can check what we stored. Due to security reasons we are not able to show or modify cookies from other domains. You can check these in your browser security settings.
Other external services
We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.