Comment from University of Illinois Community Credit Union
University of Illinois Community Credit UnionSupportBusiness
Summary: The University of Illinois Community Credit Union supports the NCUA's interim final rule clarifying its preemption authority against state laws like the Illinois Interchange Fee Prohibition Act. The credit union argues that complying with such state-specific laws is operationally unfeasible for a smaller institution and would disrupt the seamless payment card network, potentially harming consumers.
See attached file(s)