Credit Union Times | Accurate and Timely CU News

Consultancy Recommending Credit Unions Not Run to Variable Cards

By David Morrison

An asset and liability management consultancy argues that many credit unions risk giving up a unique and powerful niche in the overall credit card market if they rush to change from fixed rate credit cards to those with variable rates.

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New Study Charges No Major Card Issuers Good for Consumers

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Durable Goods Orders Up

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October 27, 2009

Pa. CUs Victims in CD Ponzi Scam

In yet another alleged scam involving certificates of deposit and credit unions, one more person has been arrested for supposedly defrauding three Pennsylvania cooperatives out of $2 million.

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October 27, 2009

TNB Reports an 8% Increase in CU Cardholder Balances

More evidence that credit unions are bucking the national trend of shrinking credit lines and diminishing use of credit cards.

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October 27, 2009

International CU Day Marked by Poll, Lunch and a Spat With the ABA

To mark International Credit Union Day, the Georgia Credit Union Affiliates released results of a poll that showed the recession is causing Georgia consumers to spend far less than a year ago.

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October 27, 2009

Survey Shows CUs Gaining

Almost 70% of credit union executives surveyed by NAFCU reported an increase in members switching loans from banks during the past 12 months.

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October 27, 2009

Security Service Federal Credit Union Is First To Deploy MasterCard's New Debit Product The $5.2 billion Security Service Federal Credit Union in San Antonio is the first CU to roll out a MasterCard tool to help MasterCard debit cardholders track their d

The $5.2 billion Security Service Federal Credit Union in San Antonio is the first CU to roll out a MasterCard tool to help MasterCard debit cardholders track their debit card spending online.

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October 27, 2009