Feds Extend Comment Period on Proposal Reducing Interchange Fees

Amid input from credit unions and groups such as GoWest asking for an extension, the Federal Reserve has extended the deadline from Feb. 12 to May 12.

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Congressional Research Service Outlines Consequences of CCCA

Even Congress’ own independent research and analysis entity thinks Interchange legislation is a bad idea for consumers.

Breaking: Proposed Interchange Rule introduced by the Federal Reserve

Learn more in our analysis of the potential impact on credit unions.