Payments/Credit/Debit

Navy Federal Credit Union is finding a big payoff in its cash rewards program linked to a Visa credit card.

Bank of America customers who might have overdrawn their checking accounts when using their debit cards will now face having their debit card transactions declined rather than overdrawn.

While nearly all credit union members appreciate the convenience of ATM use and the ever-expanding networks of surcharge-free ATMs,

During the first half of the year, consumers cashed in about $29 billion from their maturing certificates of deposit to pay down credit cards and lines of credit.

If and when the Federal Reserve gets around to requiring financial institutions to notify their customers at an ATM that they are about to overdraw their account, at least one ATM manufacturer says it will be ready.

WASHINGTON -- CSCU President Robert Hackney wants everyone to know that the association's days of being seen as playing a more junior role with card issuing credit unions have ended.