BankThink

CU Conversions Are Looking Inevitable

08/11/11

Credit union boards should see that federal taxation is a beneficial trade-off for regulatory parity and access to equity capital.

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Don't Let Young Adults Get Lost in the Credit Approval System

08/11/11

Young adults are underbanked simply because they have not previously been old enough to legally enter into a banking relationship.

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'Witch Hunt' Pales in Comparison to Fair Lending Problem

08/10/11

The railing of industry representatives against DOJ investigations is out of proportion to the problem of illegal lending and discrimination observable in our banking system.

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Small Banks Need a Big Voice in the Primaries

08/10/11

If you live in one of the states that has an early presidential primary or caucus you need to be present at the town hall meetings and vocalize how the small banks are being hog tied by regulations.

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Expect a CFPB Compromise

08/09/11

The two most notable differences between the CFPB and other regulatory bodies are the unusual and unprecedented funding mechanism provided and extent of the powers authorized for the director.

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Step Inside a Bank Branch in the Year 2030

08/09/11

The branch will be mainly a marketing and new account indoctrination center. Smartphones will eliminate most face-to-face transactions, as well as paper checks, currency and cards - not to mention the costs associated with those media.

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S&P Has No Special Magic for Judging U.S. Creditworthiness

08/09/11

Unlike grading corporate credits, rating big countries is thoroughly ridiculous. We can all look at the same budget numbers and assess the political prospects as well as any rating agency.

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The Rating Agencies Are Very Patient with the U.S.

08/08/11

The downgrading of the government to double-A-plus was not only correct but overdue. If anything, S&P should have taken Uncle Sam down to double-A-minus, given the deadlock over revenues and spending.

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Why Small Business Hates Banks

08/08/11

Hang on for a tale of excruciating negotiations and thousand-page document requests as a small business tries to provide its landlord with a letter of credit.

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Why U.S. Banks Have Little to Fear from Sovereign Debt Downgrade

08/06/11

The downgrading of U.S. government debt by Standard & Poor's Friday evening is a grim milestone in the history of American finance-and one that will be parsed in excruciating detail in coming days-but the ultimate practical impact on financial institutions seems likely to be minimal in the short term. The reasons are many.

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