Former Assistant Treasury Secretary Michael Barr will become a Filene Research Fellow to conduct research on financial services issues in conjunction with the Filene Research Institute.
While the Ohio State Buckeyes and their longstanding rivals, the University of Michigan Wolverines
Assistant Treasury Secretary Michael Barr, who oversees the department's work on credit unions, banks and other financial institutions, plans to leave office by the end of the year to return to academia.
You're probably seeing mortgage defaults drop, but it could be another five years before they return to the level of the 1990s.
Michigan's weak real estate market has brought at least one bit of good fortune to University of Michigan Credit Union-a bargain price on new headquarters.
The Consumer Financial Protection Bureau probably won't be up and running until early next year, but the NCUA, other agencies and the credit union trade associations are already starting to gear up.
Consumers again are more satisfied with credit unions than banks when it comes to online banking, and overall they trust them more, according to an annual research report.
The latest Credit Union Executive Society's compensation survey shows that marketing executives and business development executives earn somewhat less than their peers.
Credit unions continue to lead banks in customer satisfaction with online banking, according to an annual study by a Michigan-based research firm and Forbes Media.
Saying it has been "an honor to be able to serve my country at the Federal Reserve," during a 40-year career as a staff member and board member, Federal Reserve Vice Chairman Donald L. Kohn informed President Obama today that he will retire on June 23.