VCU

We really enjoyed creating the Mother's Day video last month. So, we decided to do the same for our Dads. Once again, we visited with several of our dads, here at Vantage Credit Union, and asked them; "What do you love about being a father?" 

Happy Father's Day from the Vantage family, and a big thank you to all the dads out there.

The Great Interchange Debate

Credit unions and community banks all across America are warning the public about an amendment (called “the Durbin amendment”) to the Financial Reform Bill currently being pushed through Congress. This amendment would shift the burden of paying what are called “interchange fees,” the payments that support the administrative and anti-fraud expenses, from the retail merchants who accept a debit card to the financial institutions that issues them.

When the first Young & Free program launched in Alberta Canada (via Servus CU) a few years back, I remember thinking, “We must do that!” Many here at Vantage thought the same thing. Today, we are thrilled to be launching Young & Free St. Louis, featuring Not Your Mama’s Account.

Government legislation is now making its way across Capitol Hill that could drive small financial institutions (like Vantage) out of the debit card business.

The Durbin Amendment, included in the Financial Reform Bill, was created by Illinois Senator Dick Durbin and recently passed the U.S. Senate.