News

COLUMBIA, S.C. - Credit union marketing used to basically involve colorful brochures, the occasional ad and maybe a booth at a festival. "When I started in the industry more than 15 years ago, marketing was more about the writing, creative and design aspects than anything else," says Suzanne McCann, vice...

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The EFT arena has become a sector of change and evolution. See how the latest changes affect credit unions in the special report on pages 20-28.

At press time, members of Save Columbia Community CU were set to deliver their signed petitions to the CU. See page 4 story.

BOSTON - Kessler Financial Services, long considered a brokerage firm with ties to credit card giant MBNA, should more properly be understood as MBNA's business development arm when it is working with credit unions, according to Steven Fuld, Senior Vice President of the Boston-based company. "In the area of affinity...

DENVER - Citing its role to serve the "unbanked and underserved," Denver Community Federal Credit Union has revealed plans to open a low-income branch next fall that will offer check cashing to non-members while also utilizing a stored value card. The new branch, located in a Hispanic area of Denver,...

PURCHASE, N.Y. - With a little more than two weeks remaining before its signature debit cards are banned from Wal-Mart stores, MasterCard has fired back. A survey the card brand commissioned with the Harris opinion research firm found that nearly two-thirds (63%) of respondents say their feelings toward a store...

PETERBOROUGH, N.H. - Brookwood Capital, perhaps the youngest and least recognized of the credit card portfolio brokers, reported having facilitated the sale of between 10 and 12 credit card portfolios in 2003, roughly half of them representing credit union sellers according to Tim Kolk, Brookwood's Managing Partner. The firm's other...