February 2011
Credit Union Journal;2/21/2011, Vol. 15 Issue 8, p10
Trade Publication
The article provides updates on the U.S. credit unions (CUs). The ongoing plans to combine two or more of the four failed corporate CUs were rejected by the National Credit Union Administration (NCUA). Illinois Senator Richard Durbin expressed confidence that amendment to the Dodd-Frank Reform Act that regulates debit card interchange will stand at the deliberation. Banks in California, Florida, Wisconsin and Michigan were closed by the regulators.


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