fi-linx

Back in May 2007, the Federal Reserve issued a legal opinion on Deposit Reclassification and how it should be administered in financial institutions.  If you feel like reading a legal opinion on a really fun topic, follow the link.  The longer I work in the CU world, the more my opinion on innovation grows stronger.  While I hate the fact that we’re more regulated then airlines and the regulators are very stuck in the past, being in such an locked down environment forces people to be innovative to succeed.