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CUNA to host interchange audio conference on April 13

CUNA CEO Bill Cheney will be holding a national teleconference on the debit card interchange issue this Wednesday, April 13 at 3 p.m. Eastern. This is an important call. Legislation to delay debit interchange is at a critical juncture on Capitol Hill, and further credit union involvement is needed to gain passage before the July 21 statutory implementation date.

On Wednesday’s call CUNA intends to provide a brief on:

  • The very latest legislative, political and regulatory developments from Washington on interchange
  • The importance of activating the credit union membership on the issue as soon as possible, and the resources available
  • New social media strategies (e.g., Facebook, Twitter, YouTube) to be aware of that will further help engage a credit union’s members

CUNA’s national call, which is free, will take no more than 30 minutes (this briefing will not include Q&A because of the large number of participants). Credit unions need to register in advance by clicking here or going to www.cuna.org

There are a number of major issues in Washington of concern to credit unions: member business lending, supplemental capital, and credit unions’ regulatory burden among them. These continue to be CUNA and league priorities. But events on interchange demand near-term action, which again is the reason for Wednesday’s national briefing.

The LSCU has resources available in the MBL and Interchange Resource area of the website. Credit unions can find Call on Congress cards with the number for members and web banners to send members to the Save my Free checking website.

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