News

See how John Deere Community CU keeps its operation running smooth in the latest edition of The Billionaire's Club on page 48.

CHERRY HILL, N.J.- Even as much of the rest of the broader credit card industry seeks to rake in additional funds with progressively higher fees, the $33 billion Commerce Bank has begun issuing no fee Visa cards. That means no annual fee, no over-limit fees, and no late fee as...

WAKEFIELD, Mass. - Encore Card Services, the two-year-old card processing arm of the Encore Cooperative, a credit union owned and operated effort which offers member credit unions access to EFT/ATM services, shared branching, merchant card services and card processing services, announced it has signed its third and fourth credit unions...

SAN FRANCISCO - Like MasterCard, Visa USA has posted strong growth in both the cash volume and number of transactions in both its credit and debit programs so far in 2005. According to the number one card brand, sales volume for both credit and debit together increased 17.5% to $302...

ARLINGTON, Va. - Should more credit unions be careful about making sure they check security codes in the magnetic stripes of debit cards as part of the authentication process or shouldn't they? A report from the TowerGroup (see related story on page 23) has indirectly challenged the assertion from the...

TALLAHASSEE, Fla. - Credit Union 24, the credit-union owned ATM and POS network that is headquartered in Florida, reported this month that its cardholders used their ATM/debit cards more in the month of July 2005 than they had in any previous month in the history of the ATM and EFT...