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Biometrics Bests Old School Banking Securi...
Key Advice For A Credit Union Turnaround
A Strategy To Return Value To Members
A Check Hold System Boosts Member Service
A $10 Incentive To Move Members To Mobile
Kathy Martin On Leadership
Lessons From A 12-Month Turnaround
How To Score With HELOCs
Gauging Risk Is Key For Auto Lending
Central Strategy Supports 3X The Lending
Recent Events That Impact Regulations
Funding Is Key To Robust Lending
What To Listen For When The NCUA Board Discusses The Revised RBC Rule
The Practioners Council And RBC Revisions
Will NCUA’s Revised RBC Rule Benefit From Banking Regulators' Experience?
NCUA Owes Credit Unions $2 Billion In TCCUSF Refunds
Consumer Sentiments And Employee Insights From Third Quarter 2014
How To Turn A Good Member Experience Into A Great One
Beyond Blaine: Retirement And Succession
How Back-End Cooperation Will Help 6 Credit Unions Cut Compliance Costs By $200K
What’s In Store For 2017?
5 Rules For Running A Multibillion-Dollar Organization
Credit Unions Are Due Billions In Refunds
Opportunity For Return After Corporate Takeover
How To Apply The 7 Cooperative Principles To Regulatory Design
Highlights from Corporate Crisis and Regulatory Reform: A Callahan Report Special
The Corporate Rule and the System’s Future
Oct. 21, 2013
As usual Chip is right on. Each credit union is now on their own for liquidity planning, NCUA removed/destroyed the resources and then sent a letter commanding all credit unions to find liquidity resources. NCUA spends our money on "initiatives to help small credit unions", then they destroy the resources small credit unions used. I couldn't agree more with the sentence that NCUA "regulated the corporate credit union system into insignificance." We didn't invest in a new corporate not because of lack of faith in corporate CU management, but because the new regulations make the corporate CU business model so marginal.
This democratically controlled NCUA Board is forcing capitalism and risk management out of our movement and forcing us self-help and self-sustaining cooperatives to rely on a government which believes they know more then anyone else. This most recent political stand-off (of the biggest liars in the room), 1) isn't the last of these type of childish games, just wait for the can-kicked-down-the-road dates of Jan and Feb, and 2) proves that we should not put all our member's eggs into the government basket. Since the NCUSIF and CLF as well as the FDIC and Discount Window are 100% backed by the "full faith and credit", were will we stand if the next political football game ends in a tantrum?
What To Listen For When The NCUA Board D...
How To Turn A Good Member Experience Int...
Credit Unions Are Due Billions In Refund...