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By Claude R. Marx |
March 16, 2011
On issues such as debit interchange and limiting the growth of future regulations, banks and credit unions are on the same side of the political divide. On others, such as credit unions’ tax-exempt status and raising the cap on member business lending, the industries’ interests diverge.
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By Claude R. Marx |
March 11, 2011
Saying it will be the “start of a robust discussion,’’ on the set up of the Bureau of Consumer Financial Protection, House Financial Institutions and Consumer Credit Subcommittee Chairman Shelley Moore Capito announced an oversight hearing next Wednesday.
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By Claude R. Marx |
March 10, 2011
NAFCU President/CEO Fred Becker urged regulators to “exercise caution,” when communicating with credit unions about complaints they receive so as not increase the likelihood of litigation or reputational risk.
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By Claude R. Marx |
March 4, 2011
WASHINGTON — The woman setting up the new Bureau of Consumer Financial Protection said the bureau will be a strong ally of credit unions that "want to work on behalf of their members."
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By Claude R. Marx |
March 4, 2011
WASHINGTON — House Speaker John Boehner promised that the House will work hard to ease the regulatory burden so credit unions can lend more money and businesses can create new jobs.
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By Claude R. Marx |
March 4, 2011
WASHINGTON — Interchange is the tip of the regulatory burden iceberg.
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By Claude R. Marx |
March 2, 2011
WASHINGTON — The debit interchange rule and other new requirements on credit cards and mortgages will make it harder for credit unions to serve their members, according to Bill Cheney and John Buckley.
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By Claude R. Marx |
March 2, 2011
WASHINGTON — House Financial Services Committee Chairman Spencer Bachus urged credit union advocates to lobby members of Congress, especially in the Sentate, to lessen the impact of the Federal Reserve's proposal on debit interchange.
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March 2, 2011
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By Sarah Snell Cooke |
March 2, 2011
If you don’t tell people what is on your mind, they’ll never know. The credit union industry has taken this to heart on the interchange issue.
