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Barrick Ready to Talk Interchange at 1st Fed Meeting

By Jim Rubenstein

The Federal Reserve comment period on interchange fees may be ending next Tuesday, but Ron Barrick, the Oregon credit union CEO named to a newly chartered panel of the Federal Reserve Bank of San Francisco, intends to keep the issue alive.

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On-Site Coverage: NCUA Reports Little Change In Number of Troubled Credit Unions

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On-Site Coverage: NCUA Proposes Monitoring CU Executive Compensation Plans

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February 16, 2011

Becker Knocks Debit Rule on Fraud

NAFCU CEO Fred Becker has aggressively attacked the Federal Reserve's current rule implementing the Durbin debit cap amendment because of its lack of provisions to account for fraud damages.

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February 16, 2011

Warren Names WH Business Liaison to Be CU Point Person at Consumer Bureau

Elizabeth Vale, who has been the executive director of the White House Business Council, was named the assistant director for community banks and credit unions of the new Bureau of Consumer Protection.

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February 16, 2011

CUNA Witness Attacks Debit Exemption as Meaningless

A credit union executive testifying on behalf of CUNA before the House Financial Services Committee charged that the exemption meant to protect small asset debit card issuers from an interchange cap was essentially "meaningless."

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February 16, 2011

Think Firm: Banks Worldwide Avoiding Social Media

Social media may not exactly be taking the button-down world of retail banking by storm, at least not around the world.

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February 15, 2011

Visa Nixes Chips for U.S. Cards

Visa blamed debit interchange as the reason for continuing to delay the adoption of credit cards with embedded chips in the U.S.

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February 15, 2011

NCUA Liquidates Family First FCU

The NCUA liquidated Family First FCU of Orem, Utah and its assets, liabilities and members were purchased and assumed by Security Service FCU of San Antonio, Texas, the agency announced late last night.

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February 15, 2011

Fed Projects Higher Growth

The Federal Reserve increased its projection of growth this year to between 3.4% and 3.9%, according to the minutes of its January meeting, which were released today.

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Top News Stories

Barrick Ready to Talk Interchange at 1st Fed Meeting

On-Site Coverage: NCUA Reports Little Change In Number of Troubled Credit Unions

On-Site Coverage: NCUA Proposes Monitoring CU Executive Compensation Plans

Recommended Just For You

News Stories

Becker Knocks Debit Rule on Fraud

Warren Names WH Business Liaison to Be CU Point Person at Consumer Bureau

CUNA Witness Attacks Debit Exemption as Meaningless

Think Firm: Banks Worldwide Avoiding Social Media

Visa Nixes Chips for U.S. Cards

NCUA Liquidates Family First FCU

Fed Projects Higher Growth