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Affinity Plus FCU Letting Passion be its Guide

By Myriam DiGiovanni

ST. PAUL, Minn. - At Affinity Plus Federal Credit Union, talk is cheap. For the past five years the $780 million credit union has been developing an environment based on passion and accountability with a focus on building relationships and leaders. "It sounds easy but it is harder to do...

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January 14, 2003

Credit Union Trades Attended Numerous Swearing-in Events

WASHINGTON-CUNA, NAFCU, and several state leagues scurried around Capitol Hill last week attending numerous opening day events. CUNA Senior Vice President of Government Affairs John McKechnie remarked that it was "a great intersection of the legislative and political efforts we do. McKechnie worked a 12-hour day-8:30 a.m. to 8:30 p.m.-attending...

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January 14, 2003

Credit Unions Need to Negotiate More In Portfolio Sales, CEO Says

LANSING, Mich. - Many credit unions that contemplate selling their credit card portfolios may not know how much of the deal they can negotiate or of how much power they have in the process, according to a CEO whose credit union recently completed the sale. Renee DeMarco's, $77 million Capital...

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January 14, 2003

Debit Cards Come of Age

It's hard to believe, but when debit first launched in the 1970s, industry experts were pessimistic. Many predicted that debit would displace credit, and issuers would end up losing money. But obviously that has simply not been the case. Consumer acceptance and success of debit by any measure has skyrocketed!...

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January 14, 2003

Online Anti-Fraud Programs to Become a Condition of Insurance; VISA and MasterCard Programs Protect the Consumer

MADISON, Wis. - As of April 1 2003 credit unions desiring CUNA Mutual credit card fraud insurance will have to participate in the VISA or MasterCard online fraud protection programs, according to a CUNA Mutual executive. Al Stendahl, a vice president with CUNA Mutual, said that credit unions wishing to...

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January 14, 2003

A Credit Union in Montserrat Suvives A Volcano

MONTSERRAT, British West Indies - Many credit unions have disaster plans that cover emergencies such as robberies, floods and other natural disasters. But how many U.S. credit unions would be prepared for a volcanic eruption? Roselyn Cassell-Sealy, of St. Patrick's Co-operative Credit Union on Montserrat, knows what it is like...

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January 14, 2003

Former Visa Exec joins Asset Exchange; Says Interest in CU Card Portfolios Will Continue in 2003

PORTLAND, Ore. - Interest among monoline credit card issuers in acquiring credit unions' card portfolios will continue and likely intensify in 2003, according to a card executive who has moved from VISA International to the Portland-based Asset Exchange. Asset Exchange is a leading broker of credit union's card portfolio sales,...

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January 14, 2003

New York CU First Financial Institution to Conduct Real Time Debit Payment on NYCE Network

SODUS, New York - WCTA Federal Credit Union has become the first financial institution in the NYCE Network to conduct a real-time, bill payment transaction with a debit card. The transaction, conducted by Becky Hulett, vice president of operations, enabled her to pay her Verizon telephone bill, by calling the...

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Affinity Plus FCU Letting Passion be its Guide

FOM Diversity a Necessity

Special Report: EFT: Credit/Debit/ATMs

Recommended Just For You

News Stories

Credit Union Trades Attended Numerous Swearing-in Events

Credit Unions Need to Negotiate More In Portfolio Sales, CEO Says

Debit Cards Come of Age

Online Anti-Fraud Programs to Become a Condition of Insurance; VISA and MasterCard Programs Protect the Consumer

A Credit Union in Montserrat Suvives A Volcano

Former Visa Exec joins Asset Exchange; Says Interest in CU Card Portfolios Will Continue in 2003

New York CU First Financial Institution to Conduct Real Time Debit Payment on NYCE Network