WASHINGTON - Credit unions' credit card portfolios increased overall by 1%, but 57% of them shrank and 33% shrank by more than 5%, according to an analysis of NCUA data conducted by AssetExchange, a leading broker of credit union credit card portfolios. Growth among the largest portfolios and the smallest...

Security Service Federal Credit Union, San Antonio, Texas, employees have donated their time and carpentry skills to a Habitat for Humanity housing project. Twenty-two volunteers braved unusually cold temperatures for the non-profit organization. Washington Credit Union League & Affiliates, Federal Way, has announced that 59 credit unions in Washington State...

WASHINGTON - MBNA America Bank N.A. a noted purchaser of credit unions' credit card portfolios, announced recently that it has acquired a $1.3 billion credit card portfolio from Wachovia Corporation. In the agreement MBNA purchased the outstanding credit cards and provide service to the 550,000 portfolio customers. Wachovia Corporation is...

CALABASAS, Calif. - Digital Insight has partnered with CashEdge to bring inter-institution transfer and person-to-person payment capabilities to its clients. Digital Insight President and COO Dale Walker said DI feels these empowering capabilities will make Internet solutions such as Net banking, and maybe down the line account aggregation, more attractive...