CUNA and NAFCU write Congress in support of a bill that would require a study of Reg D effects on institutions and consumers.
Currently, 210 members of Congress have signed on as honorary race chairs.
For years, banks have issued fraud-prone mag stripe cards, putting information at risk, the letter from the National Retail Federation said.
CUNA will release aggregate breach cost information to member credit unions, lawmakers, federal regulators and the media. Individual credit union numbers will be kept confidential.
Trade groups call for tighter security, while credit unions monitor and warn.
Credit Union House announced on Oct. 14 that it is on track to exceed last year’s number of visitors with more than 2,500 individuals welcomed so far this year.
Top members of Congress visited Credit Union House in 2013
ABA CEO testifies to Senate banking panel Thursday; NAFCU's Dan Berger warns panel by letter of peril to economic recovery.
Credit unions executives located in or near Rep. Gary Miller’s (R-Calif.) district in Southern California voiced their approval of a bill introduced by the House Financial Committee leader on June 28.
Boehner, Cordray, Cantor, Hoyer, Waters and more on tap as 4,200 credit union professionals descend on D.C.