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Threats Bigger Than Debit Cap Loom as CUs Strive to Survive

This article could be called Beyond Interchange Fees. The changes that may come with a cap on interchange fees will be mastered by most credit unions. What this article zeroes in on are the very real threats that may imperil the very existence of many credit unions.

By Robert McGarvey | Updated on April 13, 2011

This article could be called “Beyond Interchange Fees.” The changes that may come with a cap on interchange fees will be mastered by most credit unions. What this article zeroes in on are the very real threats that may imperil the very existence of many credit unions.

Some experts see the number of credit unions tumbling by as much as 20% in the next decade. What will kill off those credit unions are the threats from demographics, the government, obsolete business models, failed mergers and from within the industry, say the experts.

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