Story thread · 4 reports / 3 sources

Court Shields Federal Credit Unions From Illinois Swipe Fee Law

pymnts.com · 8hShare

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 Credit Unions From Illinois Swipe Fee Law appeared first on PYMNTS.com .

First report: Judge adds credit unions to Illinois swipe fee injunction — americanbanker.com, 1d