ONTARIO, Calif. - CO-OP Network, the largest credit union owned ATM and EFT network based here, will disburse $7 million to its shareholders in patronage payments from 2002, the firm reported. That figure is double the firm's previous record patronage of $3,022,773 from 2001. "This record patronage distribution is the...

CHAPIN, S.C. - A third level of authentication - which adds another level of protection against automated scriptwriters able to hack past the typical PIN and password system - is now being offered by PM Systems Corp. to credit unions using its WebFederal2 online banking solution. The three-way system adds...

Using my credit union's home banking service recently, I transferred money from checking to pay a credit union car loan. The system immediately reflected my checking withdrawal, loan payment, and new checking and loan balances. Two days later I paid my mortgage the same way. Problem is, the mortgage payment...

SAN FRANCISCO - Consumers may find the idea of moving money between different banks and credit unions attractive, but they won't pay much for it and they won't use it often. That's the conclusion of a new report by Forrester Research analyst Catherine Graeber of the research and advisory firm's...