CardHub.com researchers find transparency bump after CARD Act to be temporary.
The lists of credit unions that had previously sold their card portfolios to banks only to come back into issuing again grew last week as the 60,000-member $1 billion Eli Lilly Federal Credit Union converted a card portfolio that it had previously sold to a bank back to its own...
Despite a persistently struggling national economy and a local economy that has performed even more poorly, the San Diego, Calif.- based North Island Credit Union is reporting success with an effort to get back into card issuing.
A new white paper offered by Card Services for Credit Unions urges CUs to review the way they process debit and credit card transactions with an eye toward both reducing costs on the debit side and increasing revenue on the credit side.
The reality of the impact that the enactment of the CARD Act has had on credit unions that offer credit cards to university students has been a mixed bag.