RALEIGH, N.C.-State Employees CU, one of just three credit unions restricted by enactment of the Durbin amendment, said the provision limiting fees on debit transactions cost it about $40 million in lost revenue in 2012.

The lost revenue was the result of the provision capping fees on debit transactions for card issuers over $10 billion in assets to between 22 cents and 24 cents per transaction, down from an average of 44 cents beforehand.

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