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.
There are signs that credit unions may soon face more competition from local credit card issuers.
The Members Group discusses how cardholders would be more likely to use photo debit card or cards with company logos.
Rates still higher than at credit unions.