News

LENEXA, Kan. - U.S. Central's Corporate Network eCom subsidiary will soon roll out a product that will allow credit union members to do person-to-person payments and inter-institution transfers. Called MemberACH, it will be offered to corporate credit unions to offer their natural person CU members, though the initial target market...

ST. PAUL, Minn. - At Affinity Plus Federal Credit Union, talk is cheap. For the past five years the $780 million credit union has been developing an environment based on passion and accountability with a focus on building relationships and leaders. "It sounds easy but it is harder to do...

Find out why NCUA Chairman Dennis Dollar is so adamant about NCUA's proposed FOM changes. Page 16.

Selling card portfolios has been the order of the day for credit unions, but are they doing enough research on sale options? Read about this and other EFT news on pages 20-25.

WASHINGTON-CUNA, NAFCU, and several state leagues scurried around Capitol Hill last week attending numerous opening day events. CUNA Senior Vice President of Government Affairs John McKechnie remarked that it was "a great intersection of the legislative and political efforts we do. McKechnie worked a 12-hour day-8:30 a.m. to 8:30 p.m.-attending...

LANSING, Mich. - Many credit unions that contemplate selling their credit card portfolios may not know how much of the deal they can negotiate or of how much power they have in the process, according to a CEO whose credit union recently completed the sale. Renee DeMarco's, $77 million Capital...