Keith Leggett

• Loan Participation Cap Reg Is Roundly Decried

  By David Morrison  |  February 26, 2012

  Credit unions, credit union trade associations and CUSOs have weighed in against the NCUA's December 2011 proposal to cap and limit credit unions’ use of loan participations in an attempt to protect them from concentration risk.

• CUNA Urges NCUA to Withdraw Proposed Rule On Loan Participations

  By David Morrison  |  February 21, 2012

  The NCUA's proposed cap and limit on credit union purchase of loan participations would hurt credit unions' abilities to lend and effectively minimize their ability to limit risk.

• Supplemental Capital Bill Introduced

  By Claude R. Marx  |  February 20, 2012

  Credit unions could accept supplemental capital that wouldn’t be insured by NCUSIF and would be subordinated to other claims, according to provisions of a bill introduced by Rep. Peter King (R-N.Y.) and Rep. Brad Sherman (D-Calif.).

• Supplemental Capital: Not Without Taxation, Says ABA's Leggett

  By Claude R. Marx  |  February 10, 2012

  ABA economist says supplemental capital bid "another attempt by credit unions to be more like banks."

• CUNA Reveals a 400,000 Oops in Counting New Members

  By Claude R Marx  |  December 11, 2011

  Blame it on the survey and those who responded to it. That’s CUNA’s explanation of why its original estimate that credit unions had a net increase of 650,000 members in October was off by about 400,000.

• Immediate Gratification Distracts From Details

  By Sarah Snell Cooke  |  December 11, 2011

  A couple nights ago I talked to my husband on my personal cell phone about what we were planning for dinner while responding to a work email on my other phone. Do I really need to reply to marketing tonight while discussing hot dogs and carrot sticks? Then I rationalize,...

• Immediate Gratification Distracts From Details

  By Sarah Snell Cooke  |  December 10, 2011

  CUNA did well to get ahead of Bank Transfer Day numbers gaffe, and there's more to be learned from that.

• CUNA Says CU Confusion Caused Overestimate of New CU Members

  By Claude R. Marx  |  December 6, 2011

  ABA economist says he's not surprised.

• Marx on Capitol: Decker Hearing Will Be Tame

  By Claude R. Marx  |  November 13, 2011

  Carla Decker can thank James Madison. When she raises her right hand this week before her confirmation hearing at the Senate Banking Committee, she will continue a tradition that dates back to the 18th century.

• Perception and Reality Will Shape Decker’s Fate

  By Sarah Snell Cooke  |  October 30, 2011

  Reaction from around the industry has been highly mixed. In general, a great diversity of thinking exists across the industry as to what’s important and relevant. That’s good. In formulating your own opinions, there are several pieces to consider.