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Mica Says Interchange Fight is a Long Shot, But Worth Pursuing

By Claude R. Marx

Saying he is "not confident we can win this but that doesn't mean we shouldn't do our best," CUNA President/CEO Dan Mica encouraged credit union members to come to Washington to lobby to remove an amendment on interchange fees.

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CUNA Unleashes Interchange Barrage

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Latest Interchange Assault Includes Twitter, Banker Co-Op

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Regulatory & Compliance Stories

May 26, 2010

Public Deposit Bill Passes New Jersey Senate Committee

A bill to allow New Jersey credit unions for the first time to become eligible public depositories for public funds successfully passed the Senate Commerce Committee Thursday on a 3-1 vote with one abstention.

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May 25, 2010

Treasury Official and Rep. Frank Offer Encouragement on MBL

WASHINGTON -- Credit unions last week received a ray of good news on their goal of raising the cap on member business loans.

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May 25, 2010

Kentucky CU Readies Blocked FOM Bid After High Court Ruling

After being in a court-ordered field of membership limbo lasting six years, one Louisville, Ky. CU said it stands ready now to finally sign up new members and expand services in one of its suburban branches.

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May 25, 2010

Georgia CUs Frustrated Over Examiner Cutbacks

The head of Georgia Credit Union Affiliates weighed in on the growing national concern over examiner shortages citing frustrations over mandated cutbacks and funding inequities.

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May 25, 2010

On-Site Coverage: Administration Not Taking Sides in Interchange Battle

WASHINGTON -- If credit unions hope to kill the provisions to further regulate interchange fees in the financial regulation bill they will have to do it with the administration sitting on the sidelines.

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May 25, 2010

Bay Gulf Credit Union of Tampa Shuns Merger Talk

One of Florida's ailing credit unions, the $140 million Bay Gulf CU of Tampa, insisted it is on a path to financial recovery.

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May 25, 2010

Lake Michigan Credit Union Set to Take Over Ailing Citizens CU of Kalamazoo

Expanding its Michigan footprint, the $1.9 billion Lake Michigan Credit Union of Grand Rapids is merging the troubled $62 million Citizens CU of Kalamazoo giving the CU an entry into the Kalamazoo market.

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