Posts Tagged ‘New York’s State of Mind’

Beware of the electronic mule

Beware of the electronic mule

A recent guilty plea in Federal District court in Brooklyn is the latest example of how a fool and his money are easily separated and how financial institutions are often left paying the bill. On [...]

Does your credit union have workplace prisoners?

Does your credit union have workplace prisoners?

According to the WSJ  about 8% of employees are “workplace prisoners,” a category described by consultant  Aon Hewitt as people who stay at their jobs despite feeling unmotivated, disengaged and generally negative about their employers . ([...]

NCUA strikes balance with FOM changes

NCUA strikes balance with FOM changes

The National Trades were justifiably effusive in their praise of the NCUA Board’s decision finalizing several key amendments to the Chartering and Field of Membership Manual, in addition to proposing several additional changes for [...]

Is biometric security already obsolete?

Is biometric security already obsolete?

Here is one more thing to keep your IT department up at night. An international security consulting firm, has created quite the stir across the pond by reporting that hackers have already figured out not [...]

What payday loans and the Mets have in common

What payday loans and the Mets have in common

Somethings are just meant to be.  The Mets are almost  always going to be no better than a slightly above average baseball team,  destined to leave their fans in stunned disbelief like a bride left [...]

Basic account protections extended to prepaid cards

Basic account protections extended to prepaid cards

The Bureau that never sleeps is at it again. Yesterday it  released final regulations extending basic account protections and to prepaid cards.  The regulations take effect next October. The rule generally applies to general use [...]

Big banks big winners in “debate of the century”

Big banks big winners in “debate of the century”

According to The Hill newspaper,  the “Debate of The Century” lived up to its billing. If that’s true then my increasing pessimism  about the future of this country is totally justified.  I’m not [...]

Consider yourself warned

Consider yourself warned

As the saying goes “problems” flow downhill, so as I started reading the details of the Wells Fargo account opening scandal and the $100 million fine imposed on it by the Consumer Financial Protection Bureau, [...]

Are regulations hurting mortgage lending?

Are regulations hurting mortgage lending?

What impact has the Dodd Frank Mortgage servicing rules and pending risk based capital requirements had on credit unions and small banks? The question is an important one since many credit union advocates, including this [...]

What’s Next For Fannie, Freddie and Credit Unions?

by Henry Meier As the pace begins to pick up in Congressional efforts to re-examine the tax code, credit unions are understandably nervous about even the whiff of legislation to do away with their tax [...]

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