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Great Lakes Wire

Wednesday, September 10, 2025

Great Lakes Wire News Service News

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Defense Credit Union Council to Sens. Stabenow, Peters: 'The Credit Card Competition Act is a misnomer—it does nothing to enhance competition'

By Great Lakes Wire News Service | Apr 4, 2025

The Defense Credit Union Council, which represents U.S. military credit unions, sent a letter to Michigan's U.S. Senators in opposition to proposed credit card regulations pending in the U.S. Senate.

Medium pattycorkery

Michigan Credit Union League one of 48 state credit union groups to oppose Durbin-Marshall credit card bill

By Great Lakes Wire News Service | Apr 1, 2025

Michigan Credit Union League (MCUL) is one of 48 state credit union groups to oppose the "Credit Card Competition Act.”

Medium herndon

Michigan Bankers Association one of 50 state banking associations to oppose Durbin-Marshall credit card bill

By Great Lakes Wire News Service | Mar 12, 2025

The Michigan Bankers Association {MBA} is one of fifty state banking associations to oppose the "Credit Card Competition Act."

Medium storysheffield

Michigan one of 30 states that allows copay accumulators

By Great Lakes Wire News Service | May 28, 2024

Michigan is one of thirty states that allows copay accumulators.

Medium grossmankahn

Financial Researcher: Michiganders could see increase in credit card fraud under proposed credit card regulations

By Great Lakes Wire News Service | Apr 25, 2024

Glenn Grossman, the director of research at financial advisory firm Cornerstone Advisors, said the pending federal “Credit Card Competition Act of 2023” (CCCA) could lead to an increase in credit card fraud.

Medium kahnpapadimitriou

Report: Michigan ranked No. 18 for per-capita credit card fraud reports in 2023

By Great Lakes Wire News Service | Apr 22, 2024

Michigan ranked No. 18 in the country for per-capita credit card fraud reports in 2023.