Many of the credit union CEOs being appointed this month to those newly formed advisory panels of Federal Reserve district banks said Wednesday that they are eager to become CU advocates while also planning to raise the debit interchange issue in hopes of gaining new support.
The CEOs representing CUs from Oregon to New Hampshire all being named to the so-called Community Depository Institutions Advisory Councils of the 12 regional Fed banks said also they looked forward to facing their community bank counterparts who outnumber CUs on the panels.
"I believe the bankers will be surprised at how similar many of our interests are," said William J. Rissel, president/CEO of the $930 million Fort Knox FCU in Radcliff, Ky., and a member of the CDIAC of the Federal Reserve Bank of St. Louis.
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