Credit unions will soon have another option for offering their members a prepaid card. CO-OP Financial Services, the parent CUSO of the CO-OP Network, has announced it will have a prepaid card ready for participating credit unions to issue by the beginning of the fourth quarter of this year.
Today high school students in Pittsburgh and Philadelphia kicked off "Financial Football", a free, money management video game that's being provided to every high school in Pennsylvania through a partnership between Department of Banking's Office of Financial Education, Visa, and the National Football League and Players Inc.
Credit unions might consider adopting an organizational structure that facilitates the management of collaborative efforts, NACUCO President/CEO Tom Davis told attendees at the group's CEO Collaborative here last Thursday.
A study sponsored by the American Banker's Association advised against changing credit card regulation of card interest rates and fees, arguing that doing so would hurt the ability of people with lower credit scores to access credit.