A new white paper offered by Card Services for Credit Unions urges CUs to review the way they process debit and credit card transactions with an eye toward both reducing costs on the debit side and increasing revenue on the credit side.
For the third week in a row, Northeast credit unions were doing the disaster drill, coping with flooded property, providing special loan deals to stricken members, aiding their own employees and assessing potential mortgage losses on portfolios.
NCUA Board Member Gigi Hyland doesnt have to order a moving van any time soon. Even though her term on the board expired on Aug. 2, President Obama hasnt nominated anyone to succeed her.