CO-OP Financial Services announced that the entry period is now open for the CO-OP THINK Prize 13. Entrants have until Sept. 28 to complete round one applications and become eligible for the $10,000 grand prize sponsored by MasterCard.

A white paper published by Card Services for Credit Unions reported that only 50% of credit unions have loyalty or rewards programs attached to the credit or debit cards.

The 20,000 member, $353 million GFA Federal Credit Union, headquartered in Worcester Mass., moved a bit closer to finalizing a purchase of a stock-owned thrift when a majority of the banks shareholders voted to approve the deal.

In what may have significant implications for ATM deployment and other aspects of credit union operations, a study from Javelin Strategy and Research has found that debit and credit cards have overtaken cash for the bulk of sales volume at the retail point of sale.

Caution noted: Consumers reducing discretionary spending while increasingly resorting to credit for necessities.

Caution noted: Consumers reducing discretionary spending while increasingly resorting to credit for necessities.

Merchant Payments Coalition says credit unions, community banks have benefited.

Merchant Payments Coalition says credit unions, community banks have benefited.