A core argument made recently against the credit union tax status is “radically wrong,” America’s Credit Unions President/CEO Jim Nussle and MD|DC Credit Union Association President/CEO John Bratsakis posted on LinkedIn Tuesday. “The fact that credit unions are growing is proof that Americans are recognizing the credit union difference – not proof that credit unions …
America’s Credit Unions joined several other financial trade organizations in issuing a Myth vs. Fact one-pager to educate lawmakers and consumers about common misconceptions regarding debit card interchange. “Merchants pay a small transaction cost to a cardholder’s bank or credit union any time a consumer makes a purchase using their debit card. This charge, known …
Proposed government price caps on interchange will leave consumers more vulnerable and create less access to services, America’s Credit Unions Chief Advocacy Officer Carrie Hunt told a Punchbowl summit on the digital payments economy Tuesday. Hunt outlined how credit unions are fighting to expand digital services despite barriers put into place during her panel at …
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