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Banks' regulatory pain is credit unions' gain

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Credit unions have been reaping nice growth in checking account customers ever since banks had to find new ways to make money as they adjusted to several new banking regulations that went into effect in 2011. A report by the Aite Group shows that 82 percent of credit unions saw an increase in their debit card accounts since 2011. That's the same year that the Durbin Amendment became law. The Durbin Amendment imposed limits on the interchange fees that financial institutions with $10 billion or…

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