Credit unions have argued before U.S. District Judge Richard Leon in defense of the Federal Reserve's existing Durbin amendment regulation.
Student loans are poised to become the next big consumer debt debacle. Total outstanding student loan debt is expected to top $1 trillion this year, more than double the amount owed just five years ago. That would push it well above the amount of credit card debt outstanding, which totaled...
In January, we learned the Federal Reserve is unlikely to raise interest rates until late 2014. With recent declining net interest margins, regulatory reform eating away at our fee income, the NCUA’s assessments and other earnings pressures on the horizon, improving noninterest income is more important than ever.
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.