Payments/Credit/Debit

Three credit unions notified the Federal Reserve Board about their card issuing in association with colleges or universities in 2009.

The Justice Department said Tuesday it won't appeal a federal court's decision that Bellco Credit Union doesn't have to pay unrelated business income tax on income from credit insurance or royalties from accidental death and dismemberment insurance.

A Maryland credit union has used programs from CO-OP Financial Services to help renew debit card usage among members whose debit card use had been falling or remained flat, according to the CUSO.

Credit unions that participate in the Allpoint ATM Network will soon be able to offer their members surcharge-free ATMs in Australia as well as around their local communities.

Accelerated Financial Solutions LLC of Chesapeake, Va., said it has created nearly 20 new jobs with the opening of a satellite office and call center in Smithfield, Va.

Credit union loan growth may be stagnating, but CU credit card portfolios continued to grow in second-quarter 2010, according to a card analytical firm.