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Since the infrastructure to even send the checks from the CU's back office is not widely in place yet, what happens to all those checks that members deposit at one of the new, envelope-free ATMs?

Wincor Nixdorf, a leading worldwide manufacturer of ATM and IT technology for financial institutions, has signed a deal with Alogent, a payment processing firm, that will allow Wincor to offer a back office solution for electronic check management.

For its ongoing work in helping to build the communities it serves, HOPE Community Credit Union is one of the recipients of a $500,000 award from the Annie E. Casey Foundation.

Elections were held Nov. 7 and winners still have not been declared in eight races.

The Texas Credit Union League reported last week that 97% of the state and federal candidates it supported for re-election won.

MasterCard has cut a deal that will soon allow its Tap & Go contactless credit card program to be used in taxicabs licensed by the Philadelphia Parking Authority.

The $700 million US Federal Credit Union has rolled out a rewards program giving cash back on debit transactions. The program automatically deposits 0.25% of a card member's debit card spending back into their checking accounts at the end of each quarter.

Could cardholders ever get wealthy enough that they would no longer need a rewards program to prompt card usage? Apparently they don't, according to American Express.