ARLINGTON, Va. - If opponents get their way the so-called matricula consular, an ID card which supporters credit with helping tens of thousands of undocumented foreign nationals obtain credit union memberships, will no longer be considered acceptable for opening depository accounts. Along largely partisan lines, the U.S. House of Representatives...

MADISON, Wis. - Despite the impression left sometimes by the trade press headlines, CUNA Mutual reports that fewer credit unions were robbed in 2002 than in 2001. Data on robberies committed in 2003 will not be available until later in the year. The insurance company, based in Madison, Wisconsin, asserts...

ARLINGTON, Va. - Credit unions with established card programs but not much card penetration with their total membership are potentially sitting on a gold mine. So far this year, two credit union-owned purchasers - TNB Card Services, which is a subsidiary of the credit union owned Town North Bank, and...

ARLINGTON, Va. - Credit unions thinking of selling their credit card portfolios need to be aware of a portfolio purchaser's fee structure, but not necessarily afraid of it, say card industry executives. "Fees are getting a lot of attention these days because card interest rates are so low and because...

ARLINGTON, Va. - The market for different sorts of prepaid cards will likely take off over the next few years, and credit unions will have a number of different opportunities to ride the trend. Over 50 million individuals in 10 million U.S. households do not have either credit cards or...

ARLINGTON, Va. - Across the country, a significant number of credit unions have begun to expand their field of memberships into areas that the federal government has defined as "underserved." Many of these areas were once served by banks that have picked up and left. The term "underserved" according to...

BALTIMORE, Md. - A second city in the nation now has a partnership between a check casher and a credit union. The $226 million SSA Baltimore FCU, headquartered in Baltimore, has teamed up with A&B Check Cashers, the largest check-cashing firm in the Baltimore metro area and a non-profit organization...

ARLINGTON, Va. - Although hard data about card portfolio sales is notoriously difficult to find, recent news appears to confirm that the market for credit unions' card portfolios has begun to get hot again. Wilmington, Delaware-based MBNA Corporation, one of the largest purchasers of credit union credit card portfolios, revealed...