Two legislators have announced they will file a bipartisan bill in the House to repeal the Durbin amendment and remove its cap on debit card interchange.
Some Southern California credit unions are looking to benefit from the Occupy Wall Street and Bank Transfer Day movements.
Community banks are ready to benefit from "consumer choice," trade groups say.
Credit unions across the land are “seizing this marketing opportunity”, as CUNA officials put it Tuesday, to take advantage of the favorable industry media coverage following the announcement of Bank of America’s $5 monthly debit fee.
The dizzying pace of corporate events and NCUA rulemaking last week left many CU managers wondering where to turn for help.
CU leaders want update on agency actions in capitalization and provider services.
In a push to strengthen member relationships, two Twin Cities credit unions are now offering savings-linked ATM-debit accounts that automatically rounds up differences on purchases.
TopLine, Affinity Plus rounding up to nearest dollar on point-of-sale purchases, depositing in savings.
After consistently beating out large banks in customer online banking satisfaction, credit unions are lagging behind them for the first time.
ForeSee Results reports strong satisfaction for both banks and credit unions but says banks showed surge.