Words We Don’t Like
Taxes, bills and payments are all words no one really likes. If you are a credit union, another word you would probably add to that list is assessment. As a result of the unprecedented corporate [...]
Posts Tagged ‘Michael Fryzel’
Pen, Paper, Stamp and a Little Time
NCUA proposes a rule and asks the credit union industry to provide comments and suggestions about the value of the rule and how it could be made better. CUNA or NAFCU announces the formation of [...]
The New Community Bank
In recent years there has been a tremendous loss in the number of institutions known as community banks. And although they continue to play a significant role in certain communities, it has been diminished. According [...]
Red, White and Blue
On June 14, our country will celebrate Flag Day. It is the day we honor the Stars and Stripes, the Star Spangled Banner, the symbol by which the United States has become known: the flag [...]
Pay to Play
Pay to play is an interesting phrase. I first saw it used to describe how certain elected officials in Illinois ran their administrations. If you wanted to play the political game and get lucrative government [...]
Everyone Comes Out a Winner
Sending privacy notices to consumers informing them of what types of personal information a financial institution will or will not disclose is a great idea. By law, financial institutions must fully inform the consumer of [...]
Metsger Called Next NCUA Board Nominee
by. Heather Anderson Multiple sources have told Credit Union Times that President Barack Obama intends to nominate former Oregon State Sen. Rick Metsger to serve on the NCUA Board. If confirmed by the Senate, the [...]
Derivative Investment
Derivatives are complicated financial instruments. Credit unions therefore need a full and complete understanding of whether this is the right tool for them to use. by. Michael Fryzel, NCUA Board Member Last October, I penned [...]
The Good, the Bad and the Ugly
By. Michael Fryzel, NCUA When I began my position as Chairman of the NCUA Board more than four-and-a-half years ago, I was confronted with a dire situation involving corporate credit unions that threatened the continued [...]
Less May Be Best
By. Michael Fryzel, NCUA Board Member President Ronald Reagan once said, “The nine most terrifying words in the English language are, ‘I’m from the government and I’m here to help.’” One can easily [...]
The Extra 30
By Michael E. Fryzel, NCUA Board Member The NCUA Report is published by the National Credit Union Administration, 775 Duke Street, Alexandria, VA 22314-3428 There is a wealth of good ideas, innovative thinking and unique [...]
NCUA Board Poised for Turnover
BY HEATHER ANDERSON Two Seats Will Await Appointments in 2013 The NCUA Board will experience significant turnover in 2013 when President Obama is expected to appoint candidates to fill two out of three spots left [...]
An Idea Made Better
By Michael E. Fryzel, NCUA Board Member A legendary clothier in Chicago by the name of Sy Syms coined a slogan that he used in all his commercials and was part of his business philosophy. [...]
Time To Reassess
By Michael E. Fryzel, NCUA The end of the year is usually the best time to look back, review accomplishments, reevaluate goals and objectives and reassess a game plan as you move forward. 2012 has [...]
Letter to the Editor from NCUA Board Member Fryzel – StartUP Challenge
December 4, 2012 Mr. Randy Smith Co-founder/Publisher CUInsight.com Re: Letter to the Editor Dear Randy: The motto of the Michigan State University Federal Credit Union (MSUFCU) is” Building Dreams Together” and their actions [...]