News

Optiva Name Change Fails

The administration of New York City Mayor Michael Bloomberg has chosen a former officer and executive with the National Federation of Community Development Credit Unions to run the city's new anti-poverty office, the Office of Financial Empowerment.

In an effort to keep up with members' ever-changing security and human resources needs, CUNA's for-profit arm, CUNA Strategic Services, has added three new strategic partners while enhancing another's offerings.

The Carolinas Credit Union Foundation said last week it has set July 7-11 as the dates for its sponsorship of a special CU week at Victory Junction Gang Camp in Randleman with top CU executives signing up as volunteers to man food lines and help in children's programming and recreation.

After months of being embroiled in an unexpected ruckus over a name change, members of the University of Iowa Community Credit Union decided Feb. 28 not to go with the new Optiva Credit Union name.

MasterCard continues to sign up more retailers for its contactless card program known as Paypass. The most recent retailer is the Wakefern Food Corporation, the merchandising and distribution arm of ShopRite supermarkets. The deal will bring Paypass to over 200 ShopRite locations in New Jersey, New York, Connecticut, Pennsylvania and...