WASHINGTON (1/22/09)—The Credit Union National Association (CUNA) on Feb. 2 will hold an audio conference call on the recent final rule that implements the provisions of the Credit Card Accountability, Responsibility and Disclosure (CARD) Act that will become effective on Feb. 22, 2010. Topics covered during the audio conference call will include portions of these rules that require new minimum payment warnings on credit card statements, prevent card issuers from increasing interest rates during the first year an account is open, restrict how a card issuer may increase the annual percentage rate of a credit account, require a consumer to opt-in before over-the-limit fees may be charged, impose requirements on how payments are to be applied to different balances, and require co-signers for consumers under 21 years of age. This will also include discussion of the recent provisions that will prohibit creditors from raising their variable rates based on changes to the underlying index if there is a floor on these rates. Additional requirements of these CARD Act rules will also be discussed during the call, which will be led by CUNA Senior Assistant General Counsel Jeff Bloch and CUNA assistant general counsel and senior compliance counsel Michael McLain. The speakers on this call will also include Federal Reserve Board attorneys Benjamin Olson and Amy Henderson and credit union compliance expert Mary-Lou Heighes. To register for the 90-minute, 2:00 p.m. (ET) audio conference, use the resource link.