Company Profile
Updated: 17-SEP-09Interchange Bank
Private Subsidiary, Headquarters Location
Park 80 W, Plz. 2, Saddle Brook, NJ 07663-5803, United States
(800)701-7718, (201)368-2241, http://www.interchangebank.com
Primary SIC: State Commercial Banks, Primary NAICS: Commercial Banking
Description: Finance: State-chartered commercial bank.
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Chase Unveils Disney Rewards Debit Card With $25 Annual Fee.(News)
Cardline; 12/25/2009; 818 words; ...signature debit, which tends to reap higher interchange revenue compared with PIN-debit purchases...higher earning rate is because credit card interchange rates generally are higher than those...transactions, they are less likely to switch banks." Disney is a "powerful partner...
Job Growth Hindered by Interchange Fees.
Economics Week; 12/25/2009; 1043 words; ...we paid $3,494,000 in interchange fees. This amount of money...Every dollar spent on interchange fees is a dollar not spent...funds were not going to big banks and credit card companies...thing to say - credit card interchange "swipe" fees are increasing...
MasterCard Considers Challenging Hungarian Card-Fee Bill.(News)
Cardline; 12/25/2009; 417 words; ...the bankcard market, including cardholders, retailers and banks," MasterCard said in a release Tuesday. The company also...preliminary study of the impact, it added. The bill limits the interchange fee on debit card transactions at 0.3% of the value paid...
GIVE CREDIT CARDS THEIR DUE
The Boston Globe; 12/23/2009; 631 words; ...accepting credit cards: they outsource their credit risk to the banks that issue the cards and are responsible if customers default...customers pay with cards. Additionally, artificially lowering interchange fees could force credit unions like mine to either raise fees...
Stimulus flows to roads but bypasses buildings ; A mixed picture for construction companies
The Boston Globe; 12/23/2009; 1269 words; ...residential complex in Somerville, for example, and a highway interchange into an business park in Fall River - in the hopes of getting...the cost of infrastructure work related to those projects, banks and other lenders remain reluctant to fund large commercial...
Recent News Articles
- CUs Team With Banks To Help Kill Interchange Reform Legislation.
Credit Union Journal - July 21, 2008 - BANKING : VISA EUROPE BULLISH ON INTERCHANGE FEES.
European Report - January 23, 2008 - Retail Banking: Competition And Confusion - Interchange Fees Are A Thorny Issue At The Best Of Times, And Banks Insisting On Their Necessity If Innovation Is To Happen Receive Short Shrift From Consumers. Is There A Happy Medium? Wendy Atkins Reports.
The Banker - May 01, 2007 - Instant Issuance: Branch-Issued Cards Ripe for Rollout: With new cost advantages and additional interchange for the taking, credit and debit issuance at the branch is getting another look with banks.
Bank Technology News - March 01, 2007
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