Fed rules would affect reserve requirements; trades also ask for changes in convenience transfer limitations.
Becker letter asks for more for fraud prevention costs as Oct. 1 approaches.
Federal Reserve Chairman Ben Bernanke told lawmakers Wednesday that the economy is likely to grow at a tepid pace for the rest of 2011.
This article about the Fed's move on the interchange cap is just one of the articles that will appear in the next print edition of Credit Union Times.
NCUA chairman praises Fed's concern for small credit unions, NAFCU says rule "doesn't go as far as we would like."
Fed vote on interchange today kicks wait-and-see into high gear for credit unions.
The Federal Reserve Board announced Tuesday that it will unveil and vote on the rule regulating interchange fees at a meeting next Wednesday.
Bellwether Community CU's CEO and New Hampshire league chair Michael L'Ecuyer reaches out to community bank counterparts ahead of July 21 date.
Brief filed in TCF National Bank lawsuit argues that banks and credit unions deserve same protection as public utilities.
Outstanding consumer credit increased $6 billion to $2.4 trillion in March, but fell $2.2 billion to $219.7 billion at credit unions, the Federal Reserve reported Friday.