While the Consumer Overdraft Protection Fair Practices Act (H.R. 946) has not gone away, CUNA has received strong indications that it has been delayed.
TNB Card Services, the card processing and portfolio management arm of credit union-owned Town North Bank, has purchased 140 credit union card portfolios since 2002, the CUSO said.
Recognizing the industry push toward multi-state operations, the Credit Union Association of Colorado has landed its first out-of-state member, the $4.1 billion Security Service Federal Credit Union of San Antonio.
As a way of saying "thank you" for serving in the military, the $400 million First Citizens' Federal Credit Union is offering rate cuts and a special loan and checking package coupled with a $50 CU donation to a veteran's organization of the member's choice.
With cellphones outnumbering home computers 2-to-1, Aite Group's Nick Holland believes it inevitable that mobile banking will become as second nature as its online counterpart.