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News Now

Washington
Registration still open for CUNA call on interchange
WASHINGTON (4/13/11)--Registration will remain open until 1 p.m. (ET) for the Credit Union National Association‘s (CUNA) National Credit Union Briefing on Interchange, which will be held today at 3 p.m. (ET). In addition to providing an update, the free 30-minute session also will offer guidance on how to mobilize credit union members on the issue. The Dodd-Frank Wall Street Reform Act has ordered the Federal Reserve to have a cap on debit card interchange fees in place by July 21. CUNA, and many others, are seeking a delay of that deadline so the U.S. Congress can address unintended consequences of the rule. CUNA President/CEO Bill Cheney, who will lead the call, has noted that "the time window for action is relatively short" with the statutory implementation date looming. Cheney said that because of the tight timeframe, credit unions, the leagues, and CUNA "must further step up our efforts" to ensure that a proposed interchange implementation delay becomes reality. Use the resource link below to register for the briefing session. CUNA Audio Conference Registration


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