News

ROA, Employees Per Assets: Two Performance Measurements CUs Use to Measure Efficiency There are a lot of things that can throw off a CU's performance measurements. Whether it's building a new branch or starting a new low-margin lending initiative, but in general two statistics CUs look at to measure their...

LAS VEGAS - A survey released by ATM manufacturer NCR has found that more people in the American public would miss ATMs if they disappeared than would miss their cell phones or dishwashers if they disappeared. In an online poll conducted Oct. 29 - Nov. 2, 2004 by the Harris...

TALLAHASSEE, Fla. - Credit Union 24, the second largest credit union-owned ATM network in the country, has taken a couple of steps to increase its scope and offer member credit unions more access to ATMs. First, Credit Union 24 took a leap upward in growth, announcing on November 16 that...

ARLINGTON, Va. - At least some of the American Express cards that card giant MBNA has begun issuing run very heavy toward rewards and privileges. MBNA is a leader in the card industry overall and a leading purchaser of credit union card portfolios. According to one recent offer, the new...

Visa USA has been looking at trends among cardholders which measure how committed they are to their cards as a payment method and then how committed they are to their individual branded issuer cards, such as an XYZ Credit Union Visa or a Bank of America Visa, etc. Credit Card...

MADISON, Wis. - CUNA Mutual Group, the insurer for 95% of credit unions in the U.S., and other card security experts have begun to warn credit unions that a long standing card activation procedure has been compromised and needs to be changed or scrapped. Most credit union card issuers require...