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Debit card users could wind up paying the price for a misunderstanding with legislators. Interchange fees, or the fee for service when a debit card is used, is currently paid by the merchant. But officials of banks and credit unions agree that when proponents of the law were asking for signatures on petitions and pushing the legislation they misrepresented it's purpose. Mid Oregon Credit Union Chairman Bill Anderson. "In large part the legislation was sold to Congress as one; they would not harm financial institution that were smaller (those under $10 billion in assets. And two, that it would not harm the consumer and it has nothing to do with the consumer directly as far as the interchange fees. " Anderson says the consumer never did pay those fees so it doesn't actually save them any money.  The merchants pay the fees for use right now, and the legislation would cut those fees by more than half. If that happens, both banks and credit unions agree the revenue would have to be made up somewhere, most likely at a cost to the consumer. 

 

 

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Help Puerto Rico

Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

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  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.