Posts Tagged ‘Evelyn Mitchell’

Bankers group encouraged by bid to quash debit fees cap

The American Bankers Association says legislation introduced in the Senate last Tuesday gives it hope that banks can avoid a pending cut in the fees they receive from merchants on debit card transactions. The so-called Durbin amendment, named after sponsor Sen. Dick Durbin of Illinois, mandates the Federal Reserve’s Board of Governors put a cap […] [...]

Days of free debit card use could be coming to an end

by Ted Carter Published: February 10,2011

Tags: Brandon Roberts, Electronic Funds Transfer Act, Evelyn Mitchell, Hans Petit, MBJ FEATURE

Banks have to find ways to offset lower fees from merchants on debit card transactions Achieving that critical balance between a viable revenue level and a satisfied customer base is about to get much more difficult for bankers in Mississippi. They must make tough decisions  before the Federal Reserve’s Board of Governors puts a cap on […] [...]

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