News

GRAND SACONNEX, Switzerland - U.S. credit unions are familiar with CUNA, NAFCU and the World Council of Credit Unions, but there is an international group that represents credit union and co-operative banks around the world that many American credit union people have never heard of. The International Co-Operative Banking Association...

While some credit union are committed to offering credit cards to members, surprisingly some large CUs have no interest. Read about this and other EFT news on pages 20-24.

In March, Art Corey assumed the responsibilities as the new president/CEO of the Connecticut Credit Union Association. Turn to page 33 to become acquainted with the new leader and learn about his opinions on CU-related issues.

ONTARIO, Calif. - About 140 credit unions will have access to surcharge free ATMs through an affiliation between the New York State Credit Union League's CU24 network and the CO-OP Network. The agreement allows CU24 participating credit unions to expand ATM access for their members through CO-OP Network's nearly 18,000...

ARLINGTON HEIGHTS, Ill. - Large card issuing banks sent 12% fewer mass mail credit card offers in 2003 than in 2002, according to Synovate, a firm that tracks some card trends. The company's survey showed that 4.29 billion credit card offers were received by US households during 2003 down from...

ARLINGTON, Va. - Just how essential is it to issue credit cards? Whether issued on their own or through an agent relationship with a card issuing bank, credit cards are generally considered essential items in a competitive credit union's product mix. But three credit unions with more than $500 million...

ARLINGTON, Va. - Whether they access a share draft account or a line of credit, members using debit or credit cards promise to become a steadily larger part of credit unions' bottom lines. But for all their growing importance, what goes on behind the scenes when a cardholder swipes their...

SPOKANE, Wash. - Convenience checks are proving extremely convenient not only for members of Spokane Teachers Credit Union, but for the financial institution as well. While members can now take advantage of a zero percent interest rate for six months - using the checks to consolidate balances or to make...