Senators Rethinking Interchange

Roberts, Ed
January 2011
Credit Union Journal;1/17/2011, Vol. 15 Issue 3, p9
Trade Publication
The article reports on the impact of the U.S. Federal Reserve's actions over the Dodd-Frank Financial Reform Act provision that creates price controls on debit card interchange fees on credit unions and community banks with more than 10 billion U.S. dollars in assets.


Related Articles

  • Small Talk: It's Not The Large FIs That Are Speaking Up. Roberts, Ed // Credit Union Journal;1/17/2011, Vol. 15 Issue 3, p1 

    The article reports on the comment process over the U.S. Federal Reserve's proposal on debit interchange fees dominated by credit unions and community banks. It states that credit unions submitted comments concerning the rules applied to credit unions and banks with more than 10 billion U.S....

  • Push To Delay Fed's Interchange Rules Grows. Davidson, Kate; Hopkins, Cheyenne // CardLine;3/4/2011, Vol. 11 Issue 9, p22 

    The article offers information on the impact of the proposed debit-interchange rules and proposal for its delay in the U.S. It states that the community banks and credit unions urged the U.S. Congress to reconsider the rules, which would adversely affect the fee income and small-bank customers....

  • Vermont Passes Limits On Interchange Fees.  // Credit Union Journal;5/31/2010, Vol. 14 Issue 22, p10 

    The article reports on the effect of interchange fee reform efforts on credit unions in Montpelier, Vermont.

  • Say What Needs Saying and Say It Again. Cooke, Sarah Snell // Credit Union Times;3/2/2011, Vol. 22 Issue 8, p4 

    An introduction to the journal is presented in which the editor discusses various reports published within the issue including one on a cap of interchange fees and one on credit unions.

  • How Interchange Might Also Affect Membership Growth. Freeman, Lisa // Credit Union Journal;3/14/2011, Vol. 15 Issue 11, p23 

    The article reports on the impact of the debit interchange cap on the membership growth of the national credit union in the U.S.

  • Fed Pledges Effort To Make Durbin Carve-Out Work. Davidson, Kate // American Banker;3/24/2011, Vol. 176 Issue 46, p1 

    The article reports that U.S. Federal Reserve Chairman Ben Bernanke has assured community banks that he will do his best to provide exceptions for them to forthcoming rules that will place limits on debit interchange fees.

  • Despite Exemption, Small Banks Bracing for Durbin. Aspan, Maria // American Banker;9/7/2011, Vol. 176 Issue 138, p10 

    The article discusses the potential impact on small banks of U.S. government restrictions on interchange fees their larger brethren can charge merchants on debit-card transactions.

  • New Interchange Bid To Squeeze CUs. Roberts, Ed // Credit Union Journal;5/3/2010, Vol. 14 Issue 18, p1 

    The article discusses the implication of the credit and debit card interchange fees legislation for credit unions (CU) and community banks in the U.S. A hearing that addressed members of the U.S. Congress stressed that the legislation would have negative impact on CU and community banks, since...

  • Capito on Interchange and Capital. Marx, Claude R. // Credit Union Times;4/13/2011, Vol. 22 Issue 14, p1 

    An interview with West Virginia Representative Shelley Moore Capito is presented. When asked about the initiative to delay the implementation of the proposed bill regulating debit interchange fees and capital, she says that the U.S. Senate should make the first move. She mentions the potential...


Read the Article


Sign out of this library

Other Topics