Search
 

As Fed Liaison, New Hampshire CU CEO Solicits Banks in Interchange Fight

Bellwether Community CU's CEO and New Hampshire league chair Michael L'Ecuyer reaches out to community bank counterparts ahead of July 21 date.

By Jim Rubenstein | Updated on June 17, 2011

Citing his newfound ties to the Federal Reserve System, the chairman of the New Hampshire Credit Union League said Friday the industry still has a chance to make a strong case to the Fed for a fair two-tier market system on interchange. 

Even as the Fed begins final deliberations on its interchange rules prior to their July 21 implementation, Michael L’Ecuyer, president/CEO of the $350 million Bellwether Community CU in Manchester, said he is soliciting community banker support through his membership on the Community Depository Institutions Advisory Council of the Federal Reserve Bank of Boston.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.