CUs that offer debit card programs dodged a cannonball with the new interchange rule the Federal Reserve adopted June 29.

‘Tireless effort’ of CUs, leagues, and CUNA sent a clear message to the Fed.

Research shows small businesses and consumers subject to hair-trigger interest rates and unpredictable rate increases.

The industry has seen significant improvements since the legislation went into effect. But card issuers are finding new ways to recoup lost revenue.

In 2011, credit card issuers will find new ways to manage risks, add new accounts, and increase revenue while cardholders continue to pay down their balances.

The Dodd-Frank Act creates hundreds of new rules. How many will affect CUs?

While small issuers won't be covered by the Fed's rule on interchange fees, they'll still be affected by it.

It would be a shame if legislation aimed at protecting consumers instead causes transaction fees and the end of free checking.