Richard Durbin

• Student Debt Relief Bill Floated in Congress

  By Heather Anderson  |  February 6, 2013

  A group of Democratic senators introduced a bill Jan. 23 that would allow privately issued student loans to be discharged along with other bankruptcy debt.

• Student Loan Bankrutpcy Discharge Bill Reintroduced in Senate

  By Heather Anderson  |  January 28, 2013

  Private student loans called "the next mortgage crisis" by co-sponsor Sen. Tom Harkin, D-Iowa.

• Interchange Pinch Felt by Many CUs

  By David Morrison  |  January 9, 2013

  A CUNA survey of some of its member credit unions suggests credit unions with less than $10 billion in assets have begun to take a hit to their debit card interchange even though they were not supposed to feel the impact of a debit interchange cap.

• Retail Group Says Credit Union Data Shows Interchange Exemption Works

  By David Morrison  |  January 7, 2013

  Merchant Payments Coalition cites CUNA survey, says smaller-asset institutions shielded from interchange cap.

• CUNA Survey Suggests Small CUs Feeling Interchange Pinch

  By David Morrison  |  January 3, 2013

  Participating credit unions showed drop in debit interchange for PIN transactions.

• House Announces CFPB Mortgage Disclosure Hearing

  By Heather Anderson  |  June 12, 2012

  House panel to meet on June 20 and probe the Consumer Financial Protection Bureau’s mandate to combine residential mortgage disclosures.

• Durbin Sides With Retailers in Interchange Case

  By David Morrison  |  May 11, 2012

  Illinois senator files brief in case seeking to force Fed to cut interchange costs further.

• Durbin Windfall for Gas Stations

  April 22, 2012

  Rather than pass debit interchange savings from the Durbin Amendment on to consumers, gasoline retailers are pocketing the difference, according to the Electronic Payments Coalition.

• Gasoline Retailers Pocketing Durbin Windfall, Payments Trade Says

  By David Morrison  |  April 16, 2012

  Rather than pass debit interchange savings from the Durbin Amendment on to consumers, gasoline retailers are pocketing the difference, the Electronic Payments Coalition says.

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  Kyle Markland Remains Stubbornly Member-Focused

  By Michelle A. Samaad  |  March 19, 2012

  When Kyle Markland was hired at Affinity Plus Federal Credit Union at the age of 33, he admits that the board took a chance on bringing in someone so young to lead what was then a $357 million cooperative.