News

ARLINGTON, Va. - As credit unions approach the middle of 2006, the industry's credit card statistics offer a mixed and interesting picture. First, mergers and credit card portfolio sales are not dramatically lowering the numbers of CUs which offer cards, but they are lowering them somewhat. Year over year since...

ALEXANDRIA, Va.-NCUA issued a proposed rule at last week's board meeting to update its official NCUA-insured signage for federally-insured credit unions.

PORTLAND, Maine - TD Banknorth, a bank headquartered in Portland, has rolled out a no fee ATM card that it is marketing in Northeastern markets as part of the company's Bank Freely program launch. The No ATM Fees card is available with any TD Banknorth checking account for new or...

SAN ANTONIO - Card experts advise that balance transfer programs are one way CUs can build up their card programs relatively swiftly and one CU, the $284 million San Antonio City Employees FCU, found that to be true when it opted into a balance transfer promotion coordinated by its processor,...

NEW YORK - Consumers need to read the fine print on their credit card agreements more carefully, urged Newsweek Magazine's Wall Street Editor, Allen Sloan. Writing in the June 26 issue of the magazine, Sloan related the little reported story of Citigroup discontinuing its AT&T Universal Cash Rewards card and...

LONG BEACH, Miss. - Triton, the ATM manufacturer which started out producing primarily retail machines and which has begun offering relatively inexpensive ATMs for the small financial institution market, has rolled out a software package which, it says, will allow institutions to more easily add machines to their ATM fleets....