If credit union members want to use a prepaid debit card and cannot get one from their CU, they mayhead down the street to get one from a community bank.

According to the American Bankers Association, 40 community banks have signed onwith its Community Bank Prepaid Program, an effort which seeks toprovide bank-branded prepaid card programs to community banks.

“Regardless of size, banks want to provide the latest productsin payment cards,” said Bill Kroll, president of BusinessSolutions, the ABA subsidiary that developed the program. “Manypeople see prepaid cards as a safe, convenient alternative to cash,and the banks offering these cards are seeing explosivegrowth.”

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