News

ARLINGTON, Va. - Despite the wide variety of local and national ATM network options available CO-OP Network, the credit union owned ATM and EFT network, remains the single largest and most recognized credit union ATM brand. After the purchase of the PULSE EFT Association by Discover, CO-OP Network became the...

NEEDHAM, Mass. - Credit union credit card issuers can benefit by offering small business cards to their members who have small or even micro businesses, according to a report from the Tower Group, a consulting firm on card practices. Small Business Credit Cards in the US: High-Growth Segment or Limited...

ARLINGTON, Va. - The current market for credit union credit card portfolios is so competitive and premiums for those portfolios rumored to be so high that many institutions presume that if they have their portfolio evaluated for marketability they will almost surely sell it. Well, not necessarily. Sometimes an evaluation...

As is the case with many credit unions, USA FCU didn't really have an adequate grip on the flood of information about its card transactions that regularly flowed from its third-party card processing firm, whom Cunningham would not identify. One of the first things Asset Exchange did was to analyze...

HOUSTON - The PULSE Debit network, now a subsidiary of Discover, has been attacked by a phishing scam. On March 21, the EFT and ATM network became aware of an e-mail circulating to consumers that told consumers to visit a site that resembled a PULSE site and, once there, to...

WASHINGTON - A report from the American Bankers Association has found that consumers' credit card delinquencies, in terms of percentage of total balances outstanding and the number of accounts more than 30 days delinquent fell to its lowest point in ten years for a fourth quarter. Based on the number...

WASHINGTON-Credit union officials from around the country came to the nation's capital to attend the ceremonial presentation of the giant check from the proceeds of the Credit Union Cherry Blossom 10-Mile Run to the Children's Miracle Network. The $413,000 check presented at Children's National Medical Center March 31 was an...

ST. PETERSBURG, Fla. - William and Sherry Pousson, members of the $75 million LA DOTD Federal Credit Union, headquartered in Baton Rouge, Louisiana, were the two grand prize winners in Certegy Card Services "A Million and More ScorecCard Bonus Point Giveaway," the card processing firm and credit union announced. The...