WASHINGTON - The new report from the FDIC Center For Financial Research on payday lending could open a new front in the ongoing policy debate over the controversial practice. The report, Payday Lending: Do the costs justify the price, represents one of the only occasions where data from actual payday...

ST PETERSBURG, Fla.- Almost 400 credit union card executives representing 150 CUs gathered at the Gaylord Palms resort near Orlando to learn about upcoming card industry changes and opportunities at PSCU Financial Services 2005 annual meeting, the cooperative said. PSCU Financial Services serves over 500 credit unions which process their...

ARLINGTON, Va. - As the number of credit unions changing their charters to mutual banks has slowly risen, the credit union industry overall has had to consider whether and how those former credit unions should continue their relationships with credit union shared branching and ATM networks. And, as suggested by...

PASADENA, Calif. - The $3 billion Wescom Credit Union had a problem in the middle of 2004. Its credit card program, 38,000 cards and $84 million strong in March of the year, had begun to slow sharply. "We had been in the habit of offering card promotions at the end...

NEEDHAM, Mass. - Credit union credit card issuers can benefit by offering small business cards to their members who have small or even micro businesses, according to a report from the Tower Group, a consulting firm on card practices. Small Business Credit Cards in the US: High-Growth Segment or Limited...

ARLINGTON, Va. - The current market for credit union credit card portfolios is so competitive and premiums for those portfolios rumored to be so high that many institutions presume that if they have their portfolio evaluated for marketability they will almost surely sell it. Well, not necessarily. Sometimes an evaluation...

MADISON, Wis. - CUNA Mutual Group and 163 credit unions have filed suit in Massachusetts Superior Court against B.J.'s Wholesale Club and against the corporation's acquiring bank, Fifth Third Bank, over losses that the insurer alleges it and the credit unions suffered from a card security breach. BJ's is headquartered...

PORTLAND, Ore. - In the end, time ran just ran out on the Hacienda Community Credit Union. The $3 million CU which opened to great promise and fanfare two years ago couldn't muster the capital it needed to keep up both its rate of growth and achieve self-sufficiency and so...