News

PURCHASE, N.Y. - In a possibly precedent setting decision, MasterCard International has convinced a Federal Court to dismiss allegations that its policy of assessing additional charges on merchants who have an excessive number of chargebacks on their MasterCard accounts is illegal. MasterCard lawyers say the win may influence two other...

ALBANY, N.Y. - When the $387 million Sunmark FCU signed with KeyCorp to give its members surcharge-free access to 290 ATMs in New York State in early April, the credit union validated both KeyCorp's ongoing surcharge-free ATM strategy as well as a change in focus in how the bank markets...

Space City CU CEO Craig Rohden is fired up about how the CU-to-Bank conversion situation in Texas is being handled. Page 16.

Find out why credit unions should jump on the HSA bandwagon before banks do in the HR special report on pages 22-27.

ALBANY, N.Y. - Capital Communications Federal Credit Union has honored Branch Representative Howie Silverman as the 2004 Employee of the Year. The 20-year credit union veteran was also recognized for providing outstanding customer service last year with the Top Service Award. "Howie's personality is contagious," said Sue Munks, Main Office...

BREA, Calif. - Veterinary Pet Insurance Group Sales Manager Bill Gorman says don't underestimate the value of pet insurance as a creative employee perk. "A lot of people think of their pets as family members and they don't want finances to get in the way of giving their pet the...