News

Merchants would be allowed to negotiate interchange with card issuers under the provisions of a bill introduced yesterday by House Judiciary Committee Chairman John Conyers (D-Mich.) and Rep. Bill Shuster (R-Pa.).

Arizona credit unions remain "on the front lines" in the nation's economic slump but they have been active participants in CUNA's grassroots campaign to draw NCUA and Congressional attention to protecting CU survival, a leading CUNA executive said Friday.

Black Hills Federal Credit Union President/CEO Roger Heacock will testify on CUNA's behalf on the SBA's role in providing access to capital for small businesses.

Groups that filed Freedom of Information Act requests to access the NCUA's PIMCO report have 30 days to contest whether information provided by the regulator meets FOIA standards.

While more small businesses are establishing a presence on Facebook, Twitter, Linked-In and MySpace, nearly half still rely on traditional methods to promote their companies, according to a survey.

The $409 million Merrimack Valley Federal Credit Union recently teamed up with the Small Business Administration and others to encourage business start-ups and expansions.