News

WASHINGTON - It could use some further tweaking, but the executive director of the Check Payments System Association opines that the "Check Clearing for the 21st Century Act," also known as the "Check 21" Act, is worth keeping on eye on. Wade Delk attended the September 28th hearing by the...

SAN FRANCISCO - Federal Reserve numbers may show check volume is on the decline, but results of a survey conducted by Western Payments Alliance indicate the western U.S. will not only process a greater volume of checks in 2003, they also expect investments in the Automated Clearing House and debit...

(As of June 30, 2002) WASHINGTON - Lending hasn't been booming this year by no means, but many CUs still boast large dollars of loans outstanding from earlier success. This chart shows the Top 100 CU by loans outstanding. Not surprisingly, many of the CU's Top 100 largest CUs are...

AUSTIN, Texas - It's not so much having to pay nonsufficient funds fees that irritates consumers, but it's trying to understand financial institutions' procedures for paying or returning NSF items that are presented on their checking accounts that are the root of consumers' gripes about NSF fees. Financials, say consumers,...

DUBLIN, Ohio - Member business services aren't necessarily a product every credit union should offer, but those CUs that decide the services are a good fit for their business strategy should consider business checking accounts a good place to start. "To some degree, every business is different and each business'...

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