If considered only in a glance, credit union card programs seem extrem
Debit card rewards programs at credit unions will survive the coming downturn in debit card interchange, but they will have to change and broaden their foundations in order to remain a part of credit union programs and services.
Credit union members across the country face both the best and the worst in disclosure statements on their CU credit cards, according to survey of credit card disclosures conducted by a consumer and card media site.
CU members that hold small business credit cards use those cards more often than small business owners use credit cards issued by banks, according to an analysis of data from Visa, Inc.
Many bank card issuers have abandoned practices viewed as unfriendly to consumers, according to a consumer watchdog group that has long been critical of card issuing practices.
Credit unions that set out to improve their credit card management procedures see significantly improved income and card portfolio growth over those which do not, according to Card Services for Credit Unions.
Card Services for Credit Unions, the association of credit unions that process card transactions on the FIS platform, has added more card consulting staff to help client CUs improve card performance.
Two credit unions, one in Texas and the other in Michigan, have recently been recognized for the ways they have used creativity and enthusiasm to rebut the myth that credit unions cannot successfully manage credit card issuing.
Card Services for Credit Unions has announced the winners of its eighth annual round of Cameo awards.