Current Issues in Credit Unions, Episode 61.

Lydia Cole from Callahan’s joins Faith, Hal, Katherine & Rob for Episode 61.  Here are the topics: –Callahan’s good news article –NCUA personnel changes. –MBL Cap:  where are we now? –Big K Roundup. Will P2P be Mainstream for Credit Unions? Intellectual Property Infringement Case names Credit Unions and CUSOs What Has Your ATM Done for…

The Success of Imagination.

by:  Rob Many people have talked about the failure of imagination. Today I want to talk about the success of imagination. Arguably this can be reduced to desire plus imagination equals success. If you subscribe to the notion that life is as simple as knowing what you want, then imagination is the element that lets…

Attempt to Delay Durbin Amendment Rejected

By David S. Brown, Esq. Please be advised that today, the U.S. Senate rejected an amendment to Senate Bill 782, the Economic Development Act, that would have called for a 6-month delay of the pending July 21st effective date of the Durbin Amendment.  The amendment would also have required the Federal Reserve, OCC, FDIC and…

Mortgage Lending Update

By David A. Wolfe, Esq. In the wake of the 2008 financial crisis, mortgage lending is currently undergoing a major legislative overhaul.  The purpose of the increased regulation is to create strong incentives for responsible lending and borrowing and to help borrowers get home loans that are less likely to result in hardship or default,…

Generation Y: A New Kind of Employee

By David S. Brown, Esq. Over the next decade, 64 million skilled workers will be able to retire.  Additionally, many Generation X workers are opting out of long hours in exchange for more family friendly positions.  This means that marketing to Generation Y, also known as the Millennials, Generation Next, the Net Generation, Echo Boomers,…