Credit Union Times | Accurate and Timely CU News

Senate Panel Kills Interchange Provision in Spending Bill

By Claude R. Marx

Credit unions won a victory Thursday night when a Senate committee approved an amendment to remove a provision that would limit credit card interchange rates on government transactions.

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'Relationship Management' Team New at FedComp

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NAFCU Reiterates Interchange Arguments For Hearing

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July 28, 2010

CU Executive: Interchange Law Will Mean Fees For Members

A credit union executive will tell a House Small Business Committee's Subcommittee on Oversight and Investigations that the new federal interchange rules will mean his CU will have to start charging members for using debit cards.

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July 28, 2010

Small Business Bill Stalls Again

Partisan maneuvering derailed, at least temporarily, Senate action on s small business lending bill.

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July 28, 2010

Mobile RDC Launched by Bluepoint

A mobile remote deposit capture (RDC) solution that allows camera-equipped smartphones to be used to deposit checks is now being offered by Bluepoint Solutions.

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July 28, 2010

Iowa CUs Pitch in to Aid Flood Victims

Iowa credit unions in flood-ravaged areas along the Maquoketa River stepped up their relief efforts Thursday to provide financial aid to their members and help out community groups working in flood relief.

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July 28, 2010

On-Site Coverage: NCUA Proposes Limits on Golden Parachutes

Federally insured credit unions that are insolvent, in conservatorship or have ratings of CAMEL 4 and 5 could not offer golden parachutes to their executives under a proposed NCUA rule.

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July 27, 2010