Court Shields Federal Credit Unions From Illinois Swipe Fee Law
A U.S. District Court ruled Tuesday (Sept. 22) that federal credit unions cannot be forced to comply with the Illinois Interchange Fee Prohibition Act (IFPA), according to a Tuesday press release issued by the co-plaintiffs in a lawsuit challenging the law. The order extended to federal credit unions a permanent injunction that the court previously applied to […] The post Court Shields Federal…
We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.