News

Now that the deadline for the Durbin amendment interchange cap to take effect has passed, financial institutions are continuing to develop ways to offset lost interchange revenue. One solution? Raise fee income by making debit and ATM transactions more expensive for consumers.

Claiming it is being made a scapegoat, a Hollywood, Calif. credit union, the $83 million Musicians Interguild, is wrangling with regulators this week over how to treat modifications on real estate loans written as interest-only and now deemed delinquent on Call Reports.

Claiming it is being made a scapegoat, a Hollywood, Calif. credit union, the $83 million Musicians Interguild, is wrangling with regulators this week over how to treat modifications on real estate loans written as interest-only and now deemed delinquent on Call Reports.

Big Texas CU bucks the trend, gives members 15 cents back on every debit purchase.

SAFE CU reported as holder of accounts, said to have alerted authorities.

Rebranding follows conversion to state charter for Las Vegas credit union.