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Top 10 INews NowI stories for October
MADISON, Wis. (11/4/09)--Stories about the Credit Card Accountability, Responsibility and Disclosure (CARD) Act dominated News Now’s Top 10 story list for October. The five CARD Act stories bumped a story about interchange fees, “Altering interchange fees could reduce consumer choice, CUNA testifies,” off the Top 10 list. The top 10 News Now stories for October are: 10. CEOs at two troubled CUs replaced LAS VEGAS (10/13/09)--The CEOs at two credit unions in Las Vegas have been replaced, according to local media reports. 9. Changes to CARD Act in view WASHINGTON (10/8/09)--The Credit Union National Association (CUNA) has advised leaders of the House Financial Services Committee that credit union members may face increased costs and reduced services if technical corrections to the Credit Card Accountability, Responsibility and Disclosure (CARD) Act are not made. 8. Compliance: What an accelerated CARD Act date would mean WASHINGTON (10/1/09)--Credit unions, faced with the specter of a bill that would accelerate the effective date of the Credit Card Accountability, Responsibility and Disclosure (CARD) Act, have been seeking guidance on what should be done now to prepare for the possibility, said Kathy Thompson, Credit Union National Association senior vice president for compliance. 7. Film director: Take your money out of a bank, put it into a CU DETROIT (10/27/09)--A Michigan filmmaker is encouraging consumers to take their money out of banks and put it into credit unions. 6. 21-day fix scheduled for House vote Tuesday WASHINGTON (10/12/09)--A bill intended to fix a troublesome 21-day disclosure provision in the Credit CARD Act is scheduled to be considered by the House tomorrow. 5. Suze Orman: Switch cards to CUs NEW YORK (10/13/09)--Consumers with credit cards might want to think about doing a balance transfer to a credit union, personal finance expert Suze Orman said on MSNBC's “Morning Joe” program Friday. 4. Corporate CU sues U.S. Central over ‘excess capital’ WASHINGTON (10/21/09)--In legal documents filed late last week, Wisconsin-based Corporate Central CU is seeking the reimbursement of $6 million in excess investments from U.S. Central FCU. 3. Senate fixes 21-day CARD Act problem WASHINGTON (10/30/09)--Just two weeks after House members approved H.R. 3606, the CARD Act Technical Corrections Act, by voice vote, their colleagues in the Senate voted by unanimous consent to ratify the bill. Next stop for the measure: The president's desk to be signed into law. 2. CARD Act corrections pass House via voice vote WASHINGTON (10/14/09)--The House of Representatives on Tuesday approved by a voice vote H.R. 3606, the CARD Act Technical Corrections Act, which was introduced by Rep. Peter Welch (D-Vt.) last month. 1. New Dodd bill would set overdraft rules WASHINGTON (10/20/09)--Sen. Christopher Dodd (D-Conn.), who heads the Senate Banking Committee, unveiled his new bill Monday that would limit the fees financial institutions can charge on overdraft protection services.


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