Payments/Credit/Debit

Credit union credit card programs received a national push on Larry King Live on Dec. 10 when noted consumer advocate Suze Orman promoted the cards and the low interest rates at federally chartered credit unions.

CUNA Strategic Services has teamed up with the ICUL Service Corp to help the CUSOs credit union clients better market their pre-paid card programs.

The Center for Responsible Lending, a subsidiary of the Self Help Credit Union, has released a report condemning practices that some of the largest card issuers have adopted, the Center alleged, to avoid the practices banned by new card regulation.

Several market tracking tools have indicated credit availability needs to significantly rebound for any hope of a meaningful commercial recovery in 2010.

Credit Union 24, one of two nationwide credit union owned ATM and EFT networks, has launched a Spanish language version of its Web site.

An analyst that tracks credit card direct mailings said there are signs that large credit issuers may be returning to direct mail credit card marketing.