Payments/Credit/Debit

ST. PETERSBURG, Fla. -- The more than $2 billion Addison Avenue Federal Credit Union, headquartered in Palo Alto, Calif., saw its credit card balances grow by 24% in 2007, on its way to having a $100 million card portfolio.

ST. PETERSBURG, Fla. -- The more than $2 billion Addison Avenue Federal Credit Union, headquartered in Palo Alto, Calif., saw its credit card balances grow by 24% in 2007, on its way to having a $100 million card portfolio.

RANCHO CUCAMONGA, Calif. & TALAHASSEE, Fla. -- The two biggest credit-union owned ATM networks in the U.S. each posted strong years in 2007.

DES MOINES, Iowa -- TMG Financial Services, the CUSO affiliated with the The Members Group, has announced the purchase of its first three credit card portfolios. The acquisition moves TMG into that cluster of credit union owned organizations credit union credit card portfolios.

MANASSAS, Va. -- Local businesses in Prince William County, Manassas and Manassas Park here now have another business services option through Synergy One Federal Credit Union.

BETHESDA, Md. & TALAHASSEE, Fla., -- Credit Union 24, the nationwide credit union owned ATM and EFT network that is headquartered in Florida and Allpoint Network, the nation's largest surcharge free ATM Network have both reported milestones since Allpoint became available to CUs through Credit Union 24.

NEW YORK -- The march of payments from cash to cards in NY Taxicabs has not been entirely peaceful or without opposition.

HARRISBURG, Pa. -- The move by Bank of America and Wells Fargo last summer to raise ATM foreign fees to $3 is being joined by JPMorgan/Chase Bank, it was disclosed Monday, as the increases continue to come under scrutiny from credit unions and financial interest groups.