Commentary

Guest blogger Randy Smith, founder, editor and publisher of news aggregator CUInsight, is wondering why credit unions don't see the Bank of America branch down the street as their competitors rather than another local credit union.

Guest blogger Hugh Garber, product marketing specialist at Ipswitch File Transfer, discusses how credit unions can have sunshine even as snow falls keeping employees out of the office.

Last year, Congress passed landmark legislation to reform the interchange fee system in America. This bipartisan effort came after years of congressional hearings and Government Accountability Office studies that made clear that the interchange system was on an unsustainable course.

It's easy to let NCUA assessments have a negative impact on not only your balance sheet but also the attitudes within your credit union. However, the direction of our momentum in 2011 is vitally important to the credit union system's success beyond 2011.

Since its introduction last year as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the interchange price cap amendment has been a source of great consternation for our industry. NAFCU, both in principle and substance, has fought it fervently.

Congress wont undertake a massive overhaul of the regulatory system during the next two years, but there will no shortage of action on lower profile issues that impact credit unions.