News

LENEXA, Kan. - U.S. Central Federal Credit Union announced late Wednesday it has completed the conversion of $450 million in Membership Capital Shares (MCS) to Paid-In Capital (PIC II) shares.

WASHINGTON - The REAL Solutions program of the National Credit Union Foundation is now a full year ahead of schedule with 30 state leagues as participants, NCUF said Friday.

NAPLES, Fla -- A majority of participants in a online survey conducted by CardTrak.com said they saw their credit card interest rates rise in 2008 and many others have reported a variety of other changes in their cards.

GRAND RAPIDS, Mich. - CU*Answers has a nice problem to have.

NEW YORK -- The practice of credit card affinity market and agent issuing with colleges and universities has begun to come under scrutiny in the current economic crisis, according to a story in the New York Times.

CHICAGO -- The Illinois Attorney General has alleged that seven individuals working at a Wal-Mart in Crestwood Illinois have been involved in fraudulent card scheme involving stealing credit card numbers and then encoding them onto gift cards.