Payments/Credit/Debit

The $1.2 billion UW credit union stands to pick up a significant number of new student members after it inked a deal that will allow University of Wisconsin students to use their identification cards at the CU's ATMs.

Employees and board members at three credit unions will be among the first to test the XCalibur card, a biometric card that can function as a single debit, gift and loyalty card.

The Members Group and its card portfolio purchasing arm TMG Financial Services posted strong growth even through the current economic downturn.

The $86 million MTC Federal Credit Union, headquartered in Greenville, S.C., doesn't need anyone to market its credit card.

Twenty-nine current credit union clients have renewed their contracts with the Credit Union 24 so far this year, and the company has picked up an additional 21.

Even in a bad economy, two of the five credit unions with the strongest credit card growth over the last year only recently got back into card issuing after selling their card portfolios.