To prepare for possible action in Congress on delaying the Federal Reserve's interchange rule, credit unions redoubled their grassroots efforts on the issue during the recent recess.
From town halls to media interviews to hosting meetings, credit unions emphasized the benefits to consumers of not having a price cap on the interchange fees.
"All the lawmakers from Missouri had town hall meetings and we had credit union folks in them asking questions and stating our concerns," said Amy McLard, vice president of federal legislative affairs for the Missouri Credit Union Association.
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