Regulatory & Compliance

Two profound declarations from President Obama's recent State of the Union address have substantial relevance for credit unions

One of the core principles in the U.S. Constitution is the notion that government should not take a citizen's property without just compensation.

One day after the Credit CARD Act went into effect, one trade group is concerned that swipe fees could total $48 billion for small businesses and their customers.

Chief financial officers enforce policy, they don't shape it. And in a conservative industry like credit unions, trailblazing opportunities may seem few and far between for CFOs.

Successfully suing the Internal Revenue Service over the unrelated business income tax and serving as a test case for the credit union movement might be enough political activity to last any financial institution for several years.

Political memoirs are often designed to inflate the importance of the author.