News

SODUS, New York - WCTA Federal Credit Union has become the first financial institution in the NYCE Network to conduct a real-time, bill payment transaction with a debit card. The transaction, conducted by Becky Hulett, vice president of operations, enabled her to pay her Verizon telephone bill, by calling the...

Credit unions in New Jersey concerned that bill barring state-charters from charging at the ATM gives federal-chartered institutions the upper-hand.

WESTLAKE VILLAGE, Calif. - Consumers in the market for new and used vehicles are relying on dealerships' Web sites more, J.D. Power and Associates research shows. Traffic to dealerships' Web sites by used-vehicle buyers is up 19% over 2001, according to the J.D. Power and Associates' 2002 Used Autoshopper.com StudyT....

WEST PALM BEACH, Fla. - National 0% financing offers from the Big Three auto manufacturers expired Jan. 1, 2003. At press time, none of the company had announced any new incentives to replace them. Zero-percent financing offers from auto manufacturers that began shortly after 9-11 and which continued through 2002...

SACRAMENTO, Calif. - The outcome of pending class action suits on the East coast brought by consumer groups against an auto manufacturer's financing company concerning buy-rate financing could influence the shape legislation on the issue may take in California. Under arrangements dealers have with certain financing companies and institutions, dealers...

ORLANDO, Fla. - AutoCountUSA, a national research company for the auto industry and a provider of comprehensive news on the new and used auto market, teamed up with Credit Union Direct Lending (CUDL) and Callahan & Associates to help credit unions capture a larger share of the auto financing market....