A CEO of a small Minnesota CU expressed concern that the proposed cap on interchange might end checking at some small credit unions.
WASHINGTON — If nothing else, card-issuing credit unions should feel assured that an awful lot of intelligent people go to work every single day with no higher priority than helping to keep their card data secure.
WASHINGTON — Chip-and-PIN cards are more secure than traditional magnetic stripe cards, executives on a panel said at the Visa Global Security Summit on Wednesday.
Giant, encompassing mega-trends are remaking the credit union universe and before this is over, just about every credit union will feel the changes.
Wal-Mart remains a "patient strategist" in its bid to offer a full range of financial services and credit unions' core lines--auto loans, small business and demand deposits--are in the target zone.
2007 was 10 years ago. I know mathematically that is not true. However, in terms of American cultural evolution 2007 was 10 years ago.
The economic environment over the past few years has produced rapid changes. Some changes have brought opportunity, others have brought hardship and tough times and some will continue to force credit unions to adapt.
When it comes to building a new corporate headquarters credit unions need a little imagination.
Premier Members Federal Credit Union of Boulder, Colo., said it will be the first to open a CU-operated branch in a Colorado Wal-Mart store.