News

SAN FRANCISCO - Visa USA's annual report to investors forecast a 10% annual growth rate over the next five for the payments industry, led by debit cards. Visa USA delivered 10% operating revenue growth in FY05 on dollar sales growth of 18%, which exceeded personal consumption expenditure growth of 6.5%....

ST. LOUIS - Vantage Credit Union has teamed up with local television affiliate Fox 2 and Catholic Charities to collect and distribute warm clothing to make the holidays a little brighter for those in need. To encourage last-minute donations to the charity drive, Tim Ezell, morning anchor at Fox 2,...

DALLAS - Credit union clients of TNB Card Services, the card processing arm of credit-union-owned Town North Bank, will soon have access to a new marketing guide TNB has published to help them better sell their card programs. Credit unions that actively market their card programs achieve stronger net retail...

SYDNEY, Australia - Over regulation and customer privacy are two areas that concern the Credit Union Industry Association here. They have issued a statement in response to the new anti-money laundering (AML) and counter-terrorism financing (CTF) that have been proposed and released December 16th. If approved, then all financial institutions...

MADISON, Wis. - Starting in 2006, credit cardholders across the country faced an increase in the minimum payments that they had to make to their credit card accounts per billing cycle - unless they held a card issued by a credit union. Even though credit union and bank minimum card...

MARIETTA, Ga. - Lockheed Georgia Employees' Federal Credit Union (LGEFCU) has continued its five-year tradition by recently hosting its annual Santa Day. The holiday event drew more than 120 people and in addition to an array of holiday snacks, the festivities included arts and crafts stations, games, and face painting....