Credit Union Times | Accurate and Timely CU News

New Babies Equal More Card Debt, Visa USA Survey Finds

By Staff Writer

SAN FRANCISCO - A survey jointly sponsored by Visa USA and Redbook suggested that CUs could provide an additional service to their members and drive card usage if they were to target their card reward programs to expecting parents.

Read Story

News

Benefits Cards Continue the Push to be Next New Thing

News

MasterCard IPO Estimated Worth $2.8 Billion

Recommended Just For You

News Stories

May 09, 2006

Credit Union 24 Cuts Membership Fee Minimums

TALLAHASSEE, Fla. - Credit Union 24, the credit union-owned ATM and EFT network headquartered in Tallahassee, has eliminated membership fee minimums for its member-shareholders. The decision by the EFT network's board is one of the immediate benefits of a new switch-processing agreement with Fifth Third Processing Solutions, the CU said.

Read

May 09, 2006

Michigan State University FCU Members Charged With Money Laundering

EAST LANSING, Mich. - At least 11 students at the University of Michigan who are also members of the $1.2 billion MSU Federal Credit Union face money laundering and other charges resulting from a scheme to defraud the CU through the CU's ATMs.

Read

May 09, 2006

More Card Offers Sent But Draw Fewer Responses

CHICAGO - Banks sent a record number of credit card solicitations last year even as the percentage of recipients who responded to those offers dropped to a new low, according to Synovate Research, a market research firm whose Mail Monitor program tracks the industry.

Read

May 09, 2006

Latino CU Starts Offering A Credit Card

DURHAM, NC - The $25 million Latino Community Credit Union, the relatively young CU formed to serve the burgeoning Hispanic population in North Carolina, has begun to offer a credit card.

Read

May 09, 2006

Analyst Contends Credit Card Portfolio Sales Offer Members a Raw Deal; Would You Hold this Card, She Asks?

LAKE BLUFF, Ill.- Do credit unions that sell their card portfolios to banks do their members a disservice? Ondine Irving, a former card executive and consultant who has branched out to start her own firm suggests that in some cases they have.

Read

May 02, 2006