News

A spokesman for the Electronic Payments Coalition, a group formed to defend card interchange, predicted that the legislation authorizing a cap on debit card interchange would face strong opposition in this Congress.

Credit union members of Southwest Bridge Corporate Federal Credit Union will meet today from 2 p.m. to 4 p.m. CT to review proposed business models for the restructuring corporate.

Seven meetings, spread across Mississippi and Florida, now loom on Brad Miller's calendar as the CEO of Southeast Corporate Federal Credit Union takes the question of the corporate's future to its 400 credit union members.

The $730 million CFCU Community Credit Union of Ithaca, N.Y., named Lisa Whitaker, former head of the $208 million COMSTAR FCU in Maryland, as its new president/CEO effective Feb. 7.

Former Assistant Treasury Secretary Michael Barr will become a Filene Research Fellow to conduct research on financial services issues in conjunction with the Filene Research Institute.

Saying she is "executing a fatally flawed plan," the lawmaker in charge of overseeing the new consumer agency asked point person Elizabeth Warren four pages of organizational and policy questions on the new consumer bureau.