Happy birthday to the American Credit Union Mortgage Association, which was founded on March 29, 1996.

Happy birthday to the American Credit Union Mortgage Association, which was founded on March 29, 1996.

An economist who has authored research papers for the Filene Research Institute was one of the leading voices in favor of the proposed debit interchange cap at a recent Washington DC conference.

WASHINGTON — The staff of the Federal Reserve failed when they did not thoroughly analyze the impact of a proposed regulation on the debit interchange cap on consumers and the economy at large, according to a leading economist.

WASHINGTON — A former chairman of the President's Council of Economic Advisors under the Clinton Administration likened the proposed cap on debit interchange to “pushing paper mail over email.”

A proposed mortgage definition that analysts say could arrive this week promises to have a strong impact on the sort of secondary mortgage market credit unions will face one day.

The $1.9 billion Michigan State University Federal Credit Union has joined the ranks of CUs that have picked up affinity card issuing relationships that were previously held by banks.

The $1.9 billion Michigan State University Federal Credit Union has joined the ranks of CUs that have picked up affinity card issuing relationships that were previously held by banks.