Articles by Bill Cheney

Here are lessons for CUs as we wrap up this year and head into a big political year.

When Bank of America announced that it will start imposing a $5 monthly fee for debit card use on a big chunk of its customers, we heard the comments—from consumers, the press, and even the U.S. president.

For CUs and other cooperatives, 'democratic member control' is one of the principles by which they operate.

'How do we get more young people to become members?' That’s more than just the topic du jour for credit unions. It’s a strategic imperative.

On June 29, the Federal Reserve Board of Governors adopted its debit interchange final rule, described (by some) as "surprising" and by others as "infuriating."

Our ultimate goal is to protect CUs’ ability to continue offering members affordable financial products.

The final rules on debit interchange fees take effect in July barring any legislative delays.

There should be a healthy tension between the regulator and the regulated. Recently, however, it seems the tension has become “healthier” than usual.

CUs work best when they work together—unified toward common goals

CUNA urges Congress to take another look at the interchange provision and its impact on smaller institutions.