This year saw a regulation capping the interchange card issuers were able to earn on a debit card transaction come into effect for the first time in history.
A California credit union's concerns that Los Angeles retailers may be steering their members away from using their credit union-issued debit cards appeared unfounded last week.
Los Angeles credit union said cards were rejected because of expiration dates and members told to offer 'big bank' cards.
The Los Angeles-based California Bear Credit Union has tapped Vice President of Marketing/Business Development Robert York to be its new president/CEO.
Charter Oak Federal Credit Union, Groton, Conn., announced the retirement of Rick W. Stout, chief operations officer.