Credit Union Times | Accurate and Timely CU News

CU Executive: Interchange Law Will Mean Fees For Members

By David Morrison

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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Small Business Bill Stalls Again

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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

Udall Makes Another Plea on MBLs

Sen. Mark Udall today urged his colleagues to ignore the objections of the banking lobby and raise the cap on member business loans.

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July 27, 2010

New Entry into Core Processing Market

A new entry into the core processing market is being introduced, this time by a specialist in image processing.

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July 27, 2010

State Employees' CU Still Supports Microlending Bank's Efforts

The $21 billion State Employees' Credit Union said it would still assist with office support to a microlending bank should it move forward with a credit union charter in North Carolina.

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July 27, 2010

'Smart' Online Mortgage Tools Seeing Surge

Adoption of "smart" online mortgage applications by credit unions and banks is expected to rise sharply, according to a new survey.

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July 27, 2010

Interchange Fees Transfer Money From Poor to Wealthy Households, Study Says

Researchers affiliated with the Federal Reserve Bank of Boston have claimed that the credit card market structure transfers money from lower income households to wealthier ones.

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CU Executive: Interchange Law Will Mean Fees For Members

Small Business Bill Stalls Again

Mobile RDC Launched by Bluepoint

Recommended Just For You

News Stories

Iowa CUs Pitch in to Aid Flood Victims

On-Site Coverage: NCUA Proposes Limits on Golden Parachutes

Udall Makes Another Plea on MBLs

New Entry into Core Processing Market

State Employees' CU Still Supports Microlending Bank's Efforts

'Smart' Online Mortgage Tools Seeing Surge

Interchange Fees Transfer Money From Poor to Wealthy Households, Study Says