BILLINGS. Mont.-One small credit union CEO is asking why a large number of CUs have not stepped up and shared with Congress exactly what they are netting on their average debit transaction.

Sherry Essmann, CEO of the $18-million Montana Health FCU, believes more transparency from credit unions on their debit program costs, especially from big CUs, would have been a big help battling retailers' claims that financial institutions are making a killing on debit interchange.

Subscribe Now

Authoritative analysis and perspective for every segment of the credit union industry

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.