Elizabeth Duke

• Fed’s Duke: Reg Burden Quantifiably Tougher on Small Banks

  By Heather Anderson  |  February 5, 2013

  Fed governor said banks of $50 million or less in assets hit harder by need to staff up to meet compliance demands.

• Good Faith + Care = 21 Cents

  By Claude R. Marx  |  July 3, 2011

  Credit unions got a bit of good news when the Federal Reserve reversed itself and announced that debit interchange fees will be capped at 21 cents a transaction, up from the original proposal of 12 cents, with a 1 cent fee for fraud prevention and a five basis point allowance...

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  Print Preview: Good Faith + Care = 21 Cents

  By Claude R. Marx  |  June 30, 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.

• Fed Staff Reaffirms Interchange Cap Will Be Bad for CUs

  By David Morrison  |  December 16, 2010

  Contrary to the assurances of Illinois Senator Richard Durbin (D), the interchange cap which flows from the amendment that bears his name will reduce credit union income from debit card interchange.

• NAFCU Heading to Annual Meeting With Fed on Dec. 1

  By Sarah Snell Cooke  |  November 24, 2010

  NAFCU announced today that its board will meet with the Federal Reserve on Wednesday, Dec. 1, to discuss credit union issues.