CUNA News Now: 'Hikes' add new issues

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Most CUs will provide wage increases for at least some of their employees, according to CUNA's just-released Small CU Staff Salary Survey. 12 hours ago

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WASHINGTON (5/13/08)--Members United Corporate CU and Mid-America CU Association representatives will hike Capitol Hill today and tomorrow to discuss their opposition to legislative limits on interchange fees in addition to seeking Senate co-sponsors for the Credit Union Regulatory Improvements Act (CURIA).

This week, the House Judiciary Committee is expected to take up discussion on H.R. 5546, the Credit Card Fair Fee Act.

The Credit Union National Association (CUNA) opposes the credit card legislation because it would "impose unnecessary regulation over the card transaction interchange fee process by establishing a costly governmental tribunal that would be authorized to impose its decisions on a system that is more appropriately governed by the market." (See related story this issue: CUNA targets interchange issue)

Next week, representatives from credit unions in South Carolina and Texas are scheduled to hike Capitol Hill. At least 24 hill hikes are scheduled through September.

Members United is located in Warrenville, Ill. Mid-America, located in Bismarck, N.D., represents credit unions in the Dakotas.



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	News Now LiveWire Most CUs will provide wage increases for at least some of their employees, according to CUNA's just-released Small CU Staff Salary Survey. 12 hours ago St. L Post Dispatch on GAO report:Consumers may not benefit from altering Interchange system;would cut card competition. http://ow.ly/ETyX 13 hours ago CUNA's Hampel: Consumer holiday spending will be up slightly from last year. See Tues NN. 17 hours ago NCCUL and WOCCU met with Romanian CUs this week. The CUs are experiencing growth and want to increase their public relations efforts. 4 days ago Kent Buckham has been named by NCUA as director of the newly created Office of Consumer Protection. The 7-person dept. launches in Jan. 4 days ago Sign up; more tweets... 'Hikes' add new issues WASHINGTON (5/13/08)--Members United Corporate CU and Mid-America CU Association representatives will hike Capitol Hill today and tomorrow to discuss their opposition to legislative limits on interchange fees in addition to seeking Senate co-sponsors for the Credit Union Regulatory Improvements Act (CURIA). This week, the House Judiciary Committee is expected to take up discussion on H.R. 5546, the Credit Card Fair Fee Act. The Credit Union National Association (CUNA) opposes the credit card legislation because it would "impose unnecessary regulation over the card transaction interchange fee process by establishing a costly governmental tribunal that would be authorized to impose its decisions on a system that is more appropriately governed by the market." (See related story this issue: CUNA targets interchange issue) Next week, representatives from credit unions in South Carolina and Texas are scheduled to hike Capitol Hill. At least 24 hill hikes are scheduled through September. Members United is located in Warrenville, Ill. Mid-America, located in Bismarck, N.D., represents credit unions in the Dakotas. More Washington
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