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Brad Beal, president/CEO of $690 million Nevada Federal Credit Union, on Friday presented Senate Majority Leader Harry Reid a petition with the signatures of 8,700 of the credit union’s 81,000 members urging the lawmaker to support legislation to delay the implementation of the Federal Reserve’s interchange rule.

“These members are engaged and very concerned about this issue,” Beal said. “They know the artificial cap on debit interchange was passed in the middle of the night with no appropriate hearings and will ultimately benefit the big box retailers on the back of Nevada consumers.’’

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