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News Now

Washington
CARD Act audio call offered Oct. 20
WASHINGTON (10/8/09)—The Credit Union National Association (CUNA) on Oct. 20 will hold an audio conference call on portions of the Credit Card Accountability, Responsibility and Disclosure (CARD) Act that will become effective on Feb. 22, 2010. Topics covered during the audio conference call will include portions of the CARD Act addressing minimum payment warnings on credit card statements, some interest rate increase prohibitions, and portions of the act that require co-signors for cardholders that are under the age of 21. Additional requirements of this portion of the CARD Act will also be discussed during the call, which will be led by CUNA Senior Assistant General Counsel Jeff Bloch. The call will also feature commentary from Federal Reserve representative Benjamin Olson, PSCU Financial Services’ Steve Salzer, CUNA associate Michael McLain, and UW Credit Union Chief Credit Officer Mike Long. To register for the 90-minute, 2:00 p.m. (ET) audio conference, use the resource link.
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