News

Find out why NCUA Chairman Dennis Dollar is so adamant about NCUA's proposed FOM changes. Page 16.

Selling card portfolios has been the order of the day for credit unions, but are they doing enough research on sale options? Read about this and other EFT news on pages 20-25.

WASHINGTON-CUNA, NAFCU, and several state leagues scurried around Capitol Hill last week attending numerous opening day events. CUNA Senior Vice President of Government Affairs John McKechnie remarked that it was "a great intersection of the legislative and political efforts we do. McKechnie worked a 12-hour day-8:30 a.m. to 8:30 p.m.-attending...

LANSING, Mich. - Many credit unions that contemplate selling their credit card portfolios may not know how much of the deal they can negotiate or of how much power they have in the process, according to a CEO whose credit union recently completed the sale. Renee DeMarco's, $77 million Capital...

It's hard to believe, but when debit first launched in the 1970s, industry experts were pessimistic. Many predicted that debit would displace credit, and issuers would end up losing money. But obviously that has simply not been the case. Consumer acceptance and success of debit by any measure has skyrocketed!...

MADISON, Wis. - As of April 1 2003 credit unions desiring CUNA Mutual credit card fraud insurance will have to participate in the VISA or MasterCard online fraud protection programs, according to a CUNA Mutual executive. Al Stendahl, a vice president with CUNA Mutual, said that credit unions wishing to...