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Connecticut CEOs Warn of Job Cuts from Dodd-Frank

By Jim Rubenstein

The interchange fallout and the prospect of Connecticut credit unions cutting back staff if the Dodd-Frank delay bill fails to pass turned out to be topic No. 1 at the newly streamlined annual convention of the Credit Union League of Connecticut on Tuesday.

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On-Site Coverage: Schumer Optimistic About MBL Hike

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CO-OP Returns $20.2 Million in 2010 Dividends

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Payments/Credit/Debit Stories

April 05, 2011

Frank Announces Support for Delay of Interchange Rule

Rep. Barney Frank, the senior Democrat on the House Financial Services Committee, today endorsed legislation that would delay implementation of the Federal Reserve’s rule regulating debit interchange fees.

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April 01, 2011

Girding for Interchange Hit, Nevada FCU Debuts Debit Ad Campaign

Preparing for the scenario of higher interchange costs, Nevada Federal Credit Union detailed Friday what it called forward-thinking debit card ad promotions to raise fee income.

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March 31, 2011

On-Site Coverage: Capito Says House Won’t Act on Interchange Before Senate

WASHINGTON — The lead House sponsor of a measure to delay the implementation of the Federal Reserve’s rule regulating interchange said today that chamber won’t take up the measure until seeing what the Senate does first.

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March 31, 2011

CUs Should Consider Prepaid Cards for Small Business Members

The Members Group, a card processing CUSO affiliated with the Iowa Credit Union League, has reminded credit unions of the opportunities presented by prepaid cards and small business members.

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March 31, 2011

Trades Urge Obama Administration to Weigh In on Interchange Delay

Citing a potentially devastating impact on credit unions, both CUNA and NAFCU urged the Obama administration to endorse a delay in the implementation of the Federal Reserve’s rule regulating debit interchange fees.

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March 30, 2011

A Third Shared-Branch Option Comes to Light

Anyone who thinks U.S. credit unions have only two shared branching networks from which to choose has never met Scott Collins.

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March 30, 2011

Filene Researcher a Dissenting Voice on Debit Cap

An economist who has authored research papers for the Filene Research Institute was one of the leading voices in favor of the proposed debit interchange cap at a recent Washington DC conference.

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