Search
 

Rejoining CUNA, Redstone CEO Cites Interchange Worries

Now that Alabama's largest credit union, the $2.6 billion Redstone Federal is officially a CUNA member once again, Joseph H. Newberry, its president/CEO, was doing his part in the interchange fight by rounding up local CU support to lobby Congressmen.

By Jim Rubenstein | Updated on June 03, 2010

Now that Alabama’s largest credit union, the $2.6 billion Redstone Federal is officially a CUNA member once again, Joseph H. Newberry, its president/CEO, was doing his part in the interchange fight by rounding up local CU support to lobby Congressmen.

Newberry told Credit Union Times that he, like other CEOs, worries now about the mechanics of a two-tiered Visa and Mastercard pricing system involving retailer deals as consumers end up paying the long-run cost in higher fees.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

 

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.