WASHINGTON - Whatever the long-term effects of the Fed's plans to adopt a single standard for MICR detail transmission, the short-term ramifications are sure to include some change in practices by item processors. The Fed's standard will conform to the ANSI ASC X9.37 format. It plans to have the standardization...
ATLANTA - It's been eight years since Credit Union Service Corporation (CUSC) made the first interstate share draft transaction ever performed by a credit union shared branch network, but CUSC's Chief Operating Officer Scott McCall remembers the details of the historic event as if it happened yesterday. The first transaction...
WASHINGTON - Financial experts have been talking for years about the advent of the checkless society, but despite technological advances paper checks have remained a dominant form of consumer payment. Consumers still haven't entirely gone checkless, but new data collected by the Federal Reserve System suggest that in their effort...
Heading into 2002 marketers are facing new challenges. There is a whole new breed of consumers to reach and future marketing budget purse strings will be tightening. Read all about it in a special report on pages 14 & 15.
HARAHAN, La. - The New Orleans Chapter of the International Association of Business Communicators has honored the Louisiana Credit Union League with three awards. IABC, an association of communication and public relations professionals, has recognized the LCUL's efforts for its annual report; weekly electronic newsletter, eNews; and for the HB...
DALLAS -The Texas Credit Union Marketing Council and the Texas Credit Union League have recently recognized the state's best and brightest star marketers during the sixth annual Texas Lone Star Awards ceremony. The Texas Lone Star Awards honor excellence in credit union marketing and public relations based on success, creativity...
LAKE JACKSON, Texas - To spread the word about its Moola Moola Kids Savings Club, the Texas Dow Employees Credit Union hosted its first annual Moola Picnic. The Moola Club, which teaches children about the value of saving money also tries to incorporate fun with savings. Approximately 100 Moola Club...
