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In doing industry research about CU’s need for Deposit Reclassification, I’ve stumbled upon some interesting statistics.
CU’s with more than $40M in checking accounts are the target market for Deposit Reclassification.  If all of them were to reclassify their deposits, the average CU with more than $40M in checking would make $352K a year.  Some of [...]

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What’s the best way to affect large-scale change?  Have a federal agency step in and tell companies what they have to do.  The FCC did it with cell phone number portability and recently, the Internal Air Transport Association stepped in with the airlines as well.  They were able to get the airlines to adopt a [...]

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