Credit Unions Not Included in Injunction Against Illinois Interchange Law
December 24, 2024
December 24, 2024
WASHINGTON, Dec. 24 -- America's Credit Unions issued the following news on Dec. 23, 2024:
Credit unions did not receive injunctive relief in an opinion and order issued Friday by the Illinois federal court hearing the challenge against the Illinois Interchange Fee Prohibition Act (IFPA). U.S. District Judge Virginia Kendall granted the injunction for banks and savings associations, but requested more information related to the Federal Credit Union Act. America's Credit Un . . .
Credit unions did not receive injunctive relief in an opinion and order issued Friday by the Illinois federal court hearing the challenge against the Illinois Interchange Fee Prohibition Act (IFPA). U.S. District Judge Virginia Kendall granted the injunction for banks and savings associations, but requested more information related to the Federal Credit Union Act. America's Credit Un . . .