News

In March, Art Corey assumed the responsibilities as the new president/CEO of the Connecticut Credit Union Association. Turn to page 33 to become acquainted with the new leader and learn about his opinions on CU-related issues.

ONTARIO, Calif. - About 140 credit unions will have access to surcharge free ATMs through an affiliation between the New York State Credit Union League's CU24 network and the CO-OP Network. The agreement allows CU24 participating credit unions to expand ATM access for their members through CO-OP Network's nearly 18,000...

ARLINGTON HEIGHTS, Ill. - Large card issuing banks sent 12% fewer mass mail credit card offers in 2003 than in 2002, according to Synovate, a firm that tracks some card trends. The company's survey showed that 4.29 billion credit card offers were received by US households during 2003 down from...

ARLINGTON, Va. - Just how essential is it to issue credit cards? Whether issued on their own or through an agent relationship with a card issuing bank, credit cards are generally considered essential items in a competitive credit union's product mix. But three credit unions with more than $500 million...

ARLINGTON, Va. - Whether they access a share draft account or a line of credit, members using debit or credit cards promise to become a steadily larger part of credit unions' bottom lines. But for all their growing importance, what goes on behind the scenes when a cardholder swipes their...

SPOKANE, Wash. - Convenience checks are proving extremely convenient not only for members of Spokane Teachers Credit Union, but for the financial institution as well. While members can now take advantage of a zero percent interest rate for six months - using the checks to consolidate balances or to make...

ARLINGTON, Va. - In less than a year, credit unions around the country are going to have to have ATMs in place that are not only capable of performing transactions at a new higher security encryption standard, but actually perform them. But with an estimated $200 million price tag across...

Payday lenders say credit unions are using a double standard when it comes to payday lenders and they're not going to take it any more. Page 6.