The Durbin Amendment: Debit Card Interchange Fees

by John B.C. Porter, Esq. On December 16, 2010, the Federal Reserve Board (“Board”) released its proposed rule to implement the Durbin Amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was enacted on July 21, 2010.  The Durbin Amendment amends the Electronic Fund Transfer Act by adding a new section 920…

Protecting the Privilege

by: Jennifer M. Monty, Esq.   It may seem impossible that a court could order that communication between an attorney and client be disclosed.  It may seem even odder that a court would order an attorney to turn over her litigation file.  However, if a privilege is not adequately protected, it can be waived, and…

Young and Free.

by:  Rob I’ve posted about Tim McAlpine’s work before on these pages.  His latest video is worth re-posting here.  There’s a lot of genuinely creative genius happening in the video and I strongly urge credit unions to embrace social media as a marketing vehicle.  The lawyer side of me must scream out that age can never be…

Bee Keeping as a Side Business.

Editor’s note:  this is the next article of a series discussing the pros and cons of certain side businesses that CU members may approach their credit unions to finance using a Side Business Loan.™ By Ramona Bell. As the culture of our world changes and embraces sustainability, a new trend has been birthed that pushes for the…

Risk-Based Pricing Notices

By John B.C. Porter, Esq. Effective January 1, 2011, credit unions that use consumer reports in connection with an extension of credit used for personal, family, or household purposes and provides this credit to the member on material terms that are materially less favorable than the most favorable material terms available to a substantial proportion…

Tag! You’re It

By: Shari Storm A few months ago, my colleague, Lee Wojnar, from O’bee Credit Union, introduced me and the other participants of Washington’s Credit University, to a marketing concept called tagging. As soon as he pointed it out, I started seeing it everywhere – on my REI catalog, on the bottle of my moisturizer, and…