"Everybody's writing off a few more loans, spreads are thinner and ROAs aren't looking good."
--Dave Colby, chief economist at CUNA Mutual Group, on credit unions purging inactive accounts as one way to grow membership.
"Visa will never sponsor decoupled debit."
--William Sheedy, Global Head of Corporate Strategy for Visa, on the brand's attitude toward so called decoupled debit cards which debit checking accounts via ACH transactions attached to a card issued by another organization or institution. A MasterCard branded decoupled debit card is being test marketed by Capitol One.
"Even if an employee brings a harassment or discrimination claim that turns out not to have legal merit, he or she is still protected from being fired.''
--Philadelphia lawyer Jonathan Segal, commenting on the mistakes that companies make that can make them vulnerable to being sued.
"I don't want my legacy to be that of one who allowed CRA creep.''
--NCUA Board Member Rodney Hood said regarding his lone dissenting vote in opposition to NCUA's Outreach Task Force recommendation to collect data from credit unions on their service to the underserved.
