A regulation that federal credit union officials say they didn't want to adopt will cost the industry roughly $250 million in 1995 and about $180 million every year thereafter, according to Robert M. Fenner, general counsel for the National Credit Union Administration.

The Sept. 9 rule implements the Truth-in-savings Act passed by Congress in 1991. A key program vision of the agency rule bans "rollback accounts," which calculate interest based on the lowest balance in an interest period.

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