With the number of members who have opted not to conduct transactions with paper checks continuing to grow, St. Cloud Federal Credit Union knew it was time to make a change.
What’s your wallet made of – leather, or bits and bytes? At CUNA’s recent Government Affairs Conference held in Washington that was a key question raised among those close to the evolution of payment transactions.
Sixteen credit unions signed on with the JHA Payment Processing Solutions division of Jack Henry & Associates Inc. during the first half of its 2012 fiscal year, which ended on Dec. 31, the company said.
New clients include the $2 billion Keesler FCU in Biloxi, Miss., the company and credit union said.
Kristen Christian, the Los Angeles art dealer, will speak at the CUNA GAC on March 18-22 in Washington, D.C., and at CSCU's annual conference in St. Petersburg, Fla. on April 25-29.
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.
One CUSO predicts the four areas credit unions and banks will focus on in 2012 are profitability, efficiency, product and service mix and deeper member and customer relationships.
PSCU CEO compares struggle with banks to "Davd in the Goliath battle."
When considering how to save money in the back office, some say too many credit unions retreat from looking carefully at their credit and debit card program, often believing the portfolios are too complicated to understand or manage more efficiently.
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.