Guard
Your Access to Credit

Local credit unions and community banks play an essential role in serving small businesses and hardworking families across the country. Credit unions and community banks in all 50 states are opposed to the Durbin-Marshall Credit Card Bill, and Congress should pay attention.

If the Durbin-Marshall Credit Card Bill were enacted, it would force an overhaul of the payments landscape at a significant systemic cost – a cost ultimately borne by consumers and the local financial institutions that serve them. Many credit unions and community banks would retreat from card issuance in response. The legislation is poorly conceived and would exclusively benefit corporate mega-stores like Walmart and Target.