Let Congress Know Interchange Works: Grassroots Advocacy Alert

Big box retailers have recently re-introduced legislation that would change the current credit card interchange system, making our current payments system less secure and hurting consumers. The bill, while purporting to save consumers costs, would dramatically curtail the safety and soundness of the current  system, opening credit union members to a greater risk of fraud and expose sensitive data, while not decreasing costs at the register.

This poorly conceived bill has now been introduced as an amendment to a must-pass military funding bill. This bill shouldn’t be anywhere close to legislation funding our military, and these efforts are simply a way to ram this damaging bill forward without even holding a hearing.

We need your immediate help to stop any interchange amendment from being added to the National Defense Authorization Act (NDAA). Even if you have reached out on interchange before – this is a separate call to action to keep it out of moving legislation.

Visit our Grassroots Advocacy Center to sign up for GREAT and easily send a message to our legislators. GREAT provides credit union supporters a way to help preserve, protect and promote Minnesota credit unions. ​There is no time or monetary commitment to joining GREAT, and sample email templates are available to quickly and easily send a message to lawmakers. Contact Senators Klobuchar and Smith today and tell them interchange does not belong in the NDAA.