News

RIVERSIDE, Calif. - The Orange Blossom Festival's 150,000 attendees couldn't miss Altura Credit Union. Not only was the credit union an event sponsor of the 12th annual event, but also provided cash counter machines and tellers to handle the large amounts of cash generated at such a public event. In...

LAS VEGAS - Pledging once again to keep card coverage intact despite growing losses, the head of CUNA Mutual Group vowed last week to press his case against Visa and Mastercard to tighten tech standards warning anew of possible legislation in Congress to force the issue.

The Biz Kid$ program has finally launched! Read all about it on page 4.

Financial Service Centers Cooperative made a major announcement that will give shared branching members access to kiosks in 7-Eleven stores. Read about that and more credit/debit/EFT news in the special report on pages 22-26.

BOSTON - Two more CUs have sold their card portfolios to Elan Financial Services, a subsidiary of U.S. Bank, according to The Kessler Group, the Boston based broker that facilitated the sale. The $112 million St. Jean's Credit Union based in Lynn, Massachusetts and the $65 million Gulf Coast Community...

PURCHASE, N.Y. - In a move which could have an impact on the coming U.S. debate on card interchange, one agency of the British government has reversed another agency and ruled that MasterCard's method of setting credit card interchange does not violate the competition laws of the United Kingdom or...