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Credit Unions on Interchange
Credit Unions on Interchange St. Louis Post Dispatch on the GAO Report: Consumers may not benefit from altering Interchange system and there would be less card competition. http://ow.ly/ETyX
Source: ow.ly
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Credit Unions on Interchange The GAO Report on Interchange is out! Click here to view the full version: http://ow.ly/DNCd
Credit Unions on Interchange Fewer credit card options for consumers "isn't good business," says OSU Federal CEO Hein. http://ow.ly/D51l
Source: ow.ly
As Congress moves to implement consumer protections for credit card users, merchants are angling for some safeguards of their own.
Credit Unions on Interchange Merchants can save a bundle on interchange if they just shop around for the best rates. Click here for a personal story: http://ow.ly/zTPW
Credit Unions on Interchange Great shot of more credit union members filling out the interchange postcards to send to their Senators.
Credit Unions on Interchange Great photo of credit union members filling out postcards for our Postcard campaign! The postcards are being sent to the Senate asking them to oppose Interchange legislation since it is not credit union nor consumer friendly legislation.
Credit Unions on Interchange The postcards are ready and have been shipped to the leagues. We've gotten a lot of requests for more cards and needed to order another print run - great work everybody!
Credit Unions on Interchange The National Black Chamber of Commerce wrote a letter to Congressman Frank opposing H.R. 2382, the Credit Card Interchange Fees Act. While the letter does not mention credit unions, it does support our viewpoint on the potential harmful effects such legislation will have on consumers.
Credit Unions on Interchange Five things you should know about Interchange fees.
Source: www.usnews.com
The debate over interchange fees is heating up as merchants protest against them.
Credit Unions on Interchange
12 Fox News in Mankato, MN features the credit union perspective on Interchange fees. Nick Myers, President of Minnesota Valley Federal Credit Union is interviewed and states that it “could prompt the processing companies to look elsewhere to make up the difference... including consumers.” Some consumers are also int...erviewed and say they would be pretty upset if they had to pay more for using their cards. See the entire story by following the link.Read More
Source: www.keyc.com
Credit Unions on Interchange Good article on Interchange on the Time.com website. It points out that it is the merchants who will benefit from lowering the cost of Interchange, not the consumers. It also states that lowering the rates will pose a risk in terms of escalating fraud.
Source: www.time.com
Credit Unions on Interchange More news on the big merchant data breach of 2005 in today's NewsNow. Reminds us that after a data breach at a merchant location, the consumer first turns to his or her card-issuing credit union. The expenses incurred by credit unions across the country far exceeded the TJX and BJ Wholesale Club numbers in this article. This is a great example of what interchange fees cover. Cost to retailers: nothing.
Credit Unions on Interchange The CEO of Champion CU in NC Discusses Interchange Income
Source: www.vimeo.com
Champion Credit Union President/CEO Mike Clayton discusses his credit and debit card programs, and why interchange income is necessary to administer both programs. Champion, which is headquartered in Canton, ...
Credit Unions on Interchange
Follow this link to a very funny video rebuttal of 7-11's petition. http://www.youtube.com/watch?v=GpcDklZJR
And don't forget to sign the petition!
Source: www.youtube.com
The TRUTH behind the convenience store petitions... Convenience stores are trying to make us pay their debit and credit card costs.
