News

BOSTON -- Credit unions whose credit cards already carry rewards programs would better differentiate from their competition by adding additional service to their cards than adding rewards programs, according to recent research from the Aite Group.

WILMINGTON, Del. -- Another survey from a major financial institution appears to suggest that consumers may spend more this holiday season than previous surveys have suggested they will and thus take some pressure off card interchange income.

SAN JOSE, Calif. - Technology Credit Union is using Web stress and load testing software from Neotys (www.neotys.com) as the big credit union upgrades its online banking system, the company and credit union said.

NEW YORK -- Small businesses looking for ways to increase efficiency and cut costs, should consider credit unions, a New York Times columnist advised.

WASHINGTON -- Individual investors looking for free information on their municipal bonds, have a new online resource through the Securities and Exchange Commission and the Municipal Securities Rulemaking Board.

WARRENVILLE, Ill. - Members United Corporate Federal Credit Union announced today that it will make budget cuts that will dismiss 20% of its workforce, including former Mid-States Corporate CEO and current President David A. Preter.