Credit cards are likely going to continue their expansion among credit unions as more start to issue cards and others expand their programs.
CardHub.com CEO says large issuers making more credit available, sees no rush for digital wallet adoption.
The $793 million, 50,100-member Financial Partners Credit Union in Downey, Calif., is now offering a credit card rewards program with a twist.
CSCU analysts say that roughly 15% of a credit union's members on average use that credit card.
Retailers ramping up investment in new technologies as mobile forecast to lead bricks and mortar, websites and call centers in Europe by 2020.
Coastal Federal Credit Union has launched a credit card aimed at helping members finance purchases of big ticket items such as appliances and furniture.
Credit cards, auto loans, mortgage loans, home equity all show improvement; student loans the exception.
As credit unions learn more about new technology, they are some of the institutions leading the nation in the issuance of payment cards that use embedded computer chips to validate identity and secure transactions.
Recent announcements from Visa and MasterCard have set the stage for the U.S. implementing EMV/chip cards.
Coastal FCU offers Visa credit card with six months of zero interest.