Payments/Credit/Debit

More details are becoming available about a new site consumers can use to find consumer friendly credit cards in their area.

Ondine Irving, founder of Card Analysis Solutions, is working to help consumers find credit unions that offer consumer friendly credit cards.

TMG Financial Services, the agent-issuing arm of TMG, purchased 8,000 credit card accounts worth roughly $16.6 million in outstanding balances from two credit unions, the card firm announced today.

A CUNA representative drew the House Financial Services Committee a stark picture of the difficulties many consumers would face if the Committee moved forward with proposed changes to laws regulating overdraft protection.

A NAFCU representative told a hearing of the House Financial Services Committee that limiting overdraft fees to one a month per account would not be workable since credit unions and their members are not the only parties to an overdraft.

Navy Federal Credit Union is anticipating a ribbon-cutting ceremony on Oct. 31 to celebrate a new ATM at Camp Lemonnier, a military facility supporting U.S. anti-piracy and anti-terrorism operations on the horn of Africa.