News

ONTARIO, Calif. - Credit unions which are members of CO-OP Network will be able to offer their members surcharge-free ATM access in over 5,300 7-Eleven stores in 30 states, the Network announced on Nov. 17. "Driving new customers to our stores will be one of the primary benefits of this...

DENVER - Signature debit transactions bring credit unions more revenue from higher interchange but they cost more too. That is the conclusion of a report from First Data Corporation, a leading card processor and the parent company of the STAR network, a leading ATM and EFT network. While the "POS...

ARLINGTON, Va. - Carddata.com, a Web that tracks cards trends, reports that Americans are on track to charge nearly $2.7 trillion to their general purpose payment cards this year, about 13% more than last year. The projected figure includes $1.9 trillion in bank credit card charges and approximately $800 billion...

SAN DIMAS, Calif. - The Children's Miracle Network will get a 50-cent boost every time a credit union member purchases one of the Credit Unions For Kids gift cards, a new product being offered by the Financial Service Centers Cooperative, the national shared branch network headquartered in California. FSCC says...

PORTLAND, Ore. - AssetExchange, a leading brokerage for credit union card portfolios, said the market for those portfolios, which looks to come in slower to flat in 2005 after having begun more strongly, said that there are reasons the market may pick up or continue to be flat in 2006....

ORLANDO, Fla. - Retail banks are accustomed to hearing Michael Porter's blunt comments about their industry, and this year was no different. Building on themes he first touched on when he spoke at BAI's Retail Delivery Conference & Expo in 1997, the Harvard Business School professor gave attendees at the...