Illinois CU absorbs credit union serving Minneapolis-based retail chain.
Now that the deadline for the Durbin amendment interchange cap to take effect has passed, financial institutions are continuing to develop ways to offset lost interchange revenue. One solution? Raise fee income by making debit and ATM transactions more expensive for consumers.
MoneyDesktop was among 12 presenters during "speed round" at San Antonio conference earlier this week.
Now that the deadline for the Durbin amendment interchange cap has arrived, financial institutions are looking hard for ways to replace lost interchange revenue.
The Maryland and D.C. Credit Union Association has hired an Illinois credit union executive to take over as CEO in October.
Chicago area credit unions recently welcomed a group of about a dozen individuals from OSCUS in Ecuador as part of the World Council of Credit Unions’ international customized training program.
A second credit union has begun offering Visa's Signature Card, a card aimed at affluent, high-dollar spenders.
Baxter Credit Union is the second CU to offer Visa's Signature Card, a card aimed at the affluent and big spenders.
Members of the $1.5 billion Baxter Credit Union have deposited $10 million using their iPhones and Androids in the first six months that the Vernon Hills, Ill., credit union has offered the remote deposit capture service.
SAN FRANCISCO — The biggest players in financial services technology right now might be Google and Facebook. That’s what it felt like at times at the Finovate Spring 2011 showcase last week at the San Francisco Design Center Concourse.