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CUNA Slams Fed Debit Interchange Proposal

By Claude R. Marx

CUNA says the Fed's proposed interchange rule would have adverse effects for credit unions and that it should work with Congress to delay implementation by two years to further study the issue.

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CUNA Lays Out Concerns About Fed's Proposed Interchange Rule

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February 22, 2011

Sen. Brown Criticizes Proposed Rule for Voluntary Assessments on Privately Insured CUs

A key Senate subcommittee chairman criticized a provision of NCUA's corporate credit rule encouraging corporate credit unions to levy a fee to members that are not federally insured in order to pay for the rescue of the corporate credit union system.

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February 22, 2011

Georgia Members Still Cautious About Economy

While Georgia's credit union members are working to build a buffer of savings by cutting back on expenses and delaying large purchases, they are still unprepared to deal with any further financial setbacks.

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February 22, 2011

Strongest Debit Rewards Programs Now Come From Retailers, Expert Says

Call it a sign of the times that when consumer card advocate Bill Hardekopf of LowCards.com praised two cards' debit rewards programs, they were not cards issued by financial institutions.

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February 22, 2011

CUNA Mutual Union Says It Supports Protest

Officials of the union local representing the 700 employees of Cuna Mutual Group said they are firmly in support of the labor cause attacking what it calls Gov. Scott Walker's attempt to destroy collective bargaining.

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February 22, 2011

Used Car Loans Still Outpacing New Car Loans

Despite four consecutive years of vehicle loan portfolio declines at credit unions, used vehicle lending continues to be a beacon of light for the industry.

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February 22, 2011