Banks have long struggled to spot illicit transactions among the multitudes they process daily because criminals move dirty money from one institution to another to cover their tracks, leaving compliance staff with only a partial [...]
That is the question I pondered on Friday as I settled in for a long weekend at a lake house outside of Cooperstown, New York. As the Fed nudges the Fed Rate higher at what [...]
When state chartered credit union Melrose CU was placed in conservatorship in February, New York’s Department of Financial Services put NCUA in control. Fast forward to Friday: The WSJ is reporting that the Committee [...]
With America’s greatest sporting event about to tip off, I have rankings on my mind this morning. Yesterday, NCUA released the 4th quarter summary of the industry’s performance, and while the overall numbers [...]
NAFCU Chief Economist and Director of Research Curt Long was featured in several news outlets, including The Wall Street Journal and Barron’s, with his take on October’s positive job numbers Friday. In October, [...]
There are an increasingly large number of examples of Americans changing from a “Can do” to a “Can’t do” or “Won’t do” nation. The latest example is the news that “more than twice [...]
