Credit Union Times | Accurate and Timely CU News

MasterCard Rolls Out Contactless Program to More Supermarkets

By Staff Writer

MasterCard continues to sign up more retailers for its contactless card program known as Paypass. The most recent retailer is the Wakefern Food Corporation, the merchandising and distribution arm of ShopRite supermarkets. The deal will bring Paypass to over 200 ShopRite locations in New Jersey, New York, Connecticut, Pennsylvania and...

Read Story

News

Visa Cuts Deal with 7-Eleven on Reloadable Card

News

Local Government FCU Finds Success with Firefighter Debit Card

Recommended Just For You

News Stories

March 13, 2007

Huron River CU Had Large Loan Increase Before Reg Takeover

Once its serious loan problems became known, regulators wasted little time last month in putting this city's largest credit union, the $362 million Huron River Area Credit Union, into NCUA conservatorship, it was disclosed last week.

Read

March 13, 2007

NAFCU Requests at Least $54.5M for CDFI

On the eve of the hearing on serving the financially disadvantaged targeting funding for the Community Development Financial Institutions Fund, NAFCU President/CEO Fred Becker asked that the funding be raised to $80 million or at least maintaining the FY06 level of $54.5 million.

Read

March 13, 2007

Thrifts Ask Members of Congress to Oppose CURIA

Participants in recent America's Community Bankers' Government Affairs Conference asked a couple of the congressional speakers for their opposition to the Credit Union Regulatory Improvements Act.

Read

March 13, 2007

Flat Loan Growth Typical for January, but Savings Decrease 'Unusual'

Loans were flat in January, according to CUNA's monthly estimates, which is not unusual, but the 0.5% savings decrease for the month caught the eye of CUNA Chief Economist Bill Hampel.

Read

March 13, 2007

Credit Unions Add Card Accounts with TNB Proposal

Credit unions which process their card accounts with TNB Card Services, the card processing arm of credit union-owned Town North Bank, and that worked with TNB on their all new card promotions, have been well rewarded for doing so, the card processor has reported.

Read

March 13, 2007

Matching Deposits for Employee Savings Account Permissible, NCUA Says

NCUA recently clarified that federal credit unions may match deposits to special employee savings accounts as an employee benefit if the arrangement meets certain regulatory requirements.

Read

March 13, 2007