News

A spokesman for the Electronic Payments Coalition said retailers' latest efforts to intimidate members of Congress into cutting or capping card interchange reflected their desperation to find traction on the issue.

The Driving Home Lending Symposium held by Prime Alliance Solutions Inc. and CUDL has been rescheduled for 2010.

The Senate Small Business and Entrepreneurship Committee is scheduled to hold a confirmation hearing tomorrow for Karen Mills to be the next administrator of the Small Business Administration.

The "iBelong" awareness campaign, launched in 2007 by the Pennsylvania Credit Union Association and now in two other states, is spreading next week to Vermont with a TV ad blitz being licensed by the Association of Vermont Credit Unions.

A research report from the Filene Research Institute proposed that credit union's should consider offering tax preparation services for more than just low income members or lower income communities.

Thursday's G-20 meeting could have implications for U.S. credit unions, said Dave Grace, World Council of Credit Union vice president of association services.