MasterCard Insight on Interchange for CUs

on 11:46 AM

CUNA has orchestrated a national teleconference for member credit unions to hear MasterCard’s plans for a two-tiered debit interchange fee rate structure, how it will affect credit unions, and their timetable. Credit unions under $10 billion in assets are technically exempt from interchange limits set by the Fed.

The hour-long members only teleconference is scheduled for tomorrow, August 17th, at 2 p.m. (ET). A Q&A session will follow the prepared portion of the presentation. CUNA Chief Economist Bill Hampel, CUNA Deputy General Counsel Mary Dunn, and MasterCard Global Head of Public Policy Shawn Miles will lead the call.

No registration is necessary. Just use the members-only dial in information.

A similar call with VISA representatives is being planned.

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